The initial turn lower from 16570 vicinity yesterday, as well as the turn higher later in the day - Geojit Financial
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NIFTY OUTLOOK
The initial turn lower from 16570 vicinity yesterday, as well as the turn higher later in the day evolved on anticipated lines, though the dip to 16396 did indeed gave a brief scare. Favoured view expects a brief tussle inside 16570-16600 today, but as long as the dips do not extend beyond 16520, upside trajectory aiming 17130/200 will continue to be in play.
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