We had highlighted the overall bearish mood yesterday - Geojit Financial
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Nifty Outlook:
We had highlighted the overall bearish mood yesterday, and would continue to play the downside move aiming 14740, though a vertical drop is less expected. The recent reaction low of 14977 is still a worthy support that may hold off initial bear attacks, or even attract some bargain buying, but the directional upsides may not be sustainable until 15168 is overcome.
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Trend reversal in FPI investment from buying in last 3 months to selling in Sep
