Though Nifty bounced off 17100 multiple times during the day - Geojit Financial
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NIFTY OUTLOOK
Though Nifty bounced off 17100 multiple times during the day, the inability to make as much as headway as it did on Tuesday, hints at caution. This raises the potential for a retest of 17100 or even a bit under 17000. However, favoured view expects upside moves to re assert at some stage during the day, which prompts us to place lower bets on a collapse, and more on a test of 17270 or more.
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