07-06-2024 09:35 AM | Source: Geojit Financial Services Ltd
Geojit Market Watch: Eyes on MPC today after ECB cut rates by 25bps by Geojit Financial Services Ltd

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Nifty Outlook

A turn lower ensued as soon as the anticipated extension in uptrend reached 22900. However bargain hunting has ensured that the uptrend has not lost its shape retaining the prospects of further extension in uptrend, probably aiming 23350. However, 22900 appears as a stiff challenge now, and should corrections do not end at 22535, expect declines to 22180. A collapse is less expected though.

 

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