We had flagged off a downside move aiming 17400 or 17000 yesterday - Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
NIFTY OUTLOOK
We had flagged off a downside move aiming 17400 or 17000 yesterday, should Nifty find it difficult to float above 17670. Though we had factored in such an outcome, we were not counting on it to unfold right away. We continue to retain this apprehension, counting on 17440-370 vicinity to arrest downside momentum, and prompt at a swing higher, but should this region fail too, we could see a drop towards 16500 right away. This though, is still not the most favoured outcome, but will remain high on priority, given VIX is approaching 20.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
Tag News
Trend reversal in FPI investment from buying in last 3 months to selling in Sep
