Despite dip from 24140, hourly candles show bulls regroup - Geojit Investments Ltd
Nifty Outlook
Despite the turn lower from the 24140 region, all the subsequent hourly candles ended with long lower wicks pointing to signs of bulls regrouping. This points to the possibility of coming out of the bearish structure, potentially eying 24350-470 initially. Alternatively, inability to float above 24050 region could keep alive the threats of a 23500 down-move.


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