Yesterday`s bounce back evolved on anticipated lines, turning just shy of the 17177 - Geojit Financial
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NIFTY OUTLOOK
Yesterday’s bounce back evolved on anticipated lines, turning just shy of the 17177 objective that we had laid out for such bounce. We expect similar turn lower from 17280 as well, but it is likely to be brief and it might require a push into the 17280- 450 region before the 16500 move is brought back into discussion. Until then, favoured view will retain an upside bias.
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