The surge from the supports was impressive enough to shrug off bearish vibes - Geojit Financial
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Nifty Outlook:
Despite the volatility, the surge from the supports was impressive enough to shrug off bearish vibes. This would mean that while the 14650 region remains a challenge, it appears more likely to be surpassed. To this end, we will open the day, aiming for 14780, but inability to clear 14650-90 or an outright pull back below 14520, would encourage us to see the present formation as a bearish flag and revert to the 14090 view.
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