Consolidation near 24400, dips held around 24277–250 as expected - Geojit Investments Ltd
Nifty Outlook
Both the consolidation near 24400 and dips thereof getting contained in the 24277/250 region evolved on anticipated lines. However, the subsequent upswing did not gain enough traction to put the 24900 view firmly in play. This prompts us to start the day on a cautious note, eying dips to 24150. While 24400 is expected to keep a lid on upside attempts, a break of the same is less likely to lead to vertical upsides.


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