Late-day rejection, VIX near 25 signals caution returns - Geojit Investments Ltd
Nifty Outlook
The rejection trades in the second half of the day, and VIX staying close to 25 despite Nifty’s sharp initial rise, hint at caution resurfacing. A direct fall below 22950 could bring 22500- 21900 back into focus. Meanwhile, if Nifty is able to float above 22950, expect intermittent upswings, but such attempts are likely to be capped at 23220 or 23300.


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