The push higher anticipated in the last two days is in play now - Geojit Financial
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NIFTY OUTLOOK
The push higher anticipated in the last two days is in play now. But relief rally that is now in to the fourth day is yet to show strong credible patterns and the surge to 17130/200 may take a while to form. With that in perspective, favoured view expects 16700 to resist the day’s advances and turn prices lower, but a return to uptrend could unfold again soon, as long as the pull back thereof is held within the 16550-450 region.
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