The inability yesterday to stretch beyond 14966 despite several attempts is a sign of weakness, but as remarked yesterday - Geojit Financial
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Nifty Outlook:
We had set out yesterday on keeping a watchful eye over 14890 region, because of our apprehension towards the anticipated upsides taking flight right away. The inability yesterday to stretch beyond 14966 despite several attempts is a sign of weakness, but as remarked yesterday, we will retain hopes of a upsides within a day or two as long as 14600 is intact. Favoured view for theday, meanwhile, expects the initial slippages to bearrested at 14755-40 region.
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