Today, 15040 or 15120 could pose challenges, but favoured view expects upside bias to remain as long 14900 - 14835 holds - Geojit Financial
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Nifty Outlook:
Yesterday, the 14740-14820 region did challenge upsides in the first half as expected, it was too feeble to arrest the upswings. The close above 14900 should ideally set up breakout moves in the coming days, aiming 15330s initially, and thereafter 15700. Today, 15040 or 15120 could pose challenges, but favoured view expects upside bias to remain as long 14900 - 14835 holds.
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