09-08-2021 09:27 AM | Source: Geojit Financial Services Ltd
The last two days’ disinclination to push higher suggest that the trend requires more time at the lower end - Geojit Financial
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NIFTY OUTLOOK

The last two days’ disinclination to push higher suggest that the trend requires more time at the lower end to rejuvenate and break off again into a sustainable uptrend. While we continue harbour expectations of a short burst into the 17450-505 region, a stronger surge could unfold if Nifty gets more time to consolidate. This construct has the lower range at 17287/252.

 

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