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Geojit Market Watch: Bullish Powell lifts US, but Nifty awaits RBI - Geojit Financial Services Ltd
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Nifty
After breaching 24520, yesterday’s upside momentum fizzled off allowing bears to regroup, as anticipated. But the turn lower found bargain buying from 24380, the closest support pencilled in yesterday. This puts the trend evenly poised. While we have not abandoned the 24700 view, its prospects would fall, if slippages are not contained above 24320.
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