Yesterday, we had highlighted the unsustainable nature of upmoves once 15200 is broken - Geojit Financial
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Nifty Outlook:
Yesterday, we had highlighted the unsustainable nature of upmoves once 15200 is broken. But the drop thereof bounced off 15158, the first support we had marked for yesterday. This buying interest off such a minor support suggests that bulls are still in play. Such upside hopes will be tested at 15190 today, and a break of which would open rooms for 15500 again, with intermediate challenge expected at 15300.
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