Market Watch : Asia cautious Weak US consumer confidence restrain treasury yields - Geojit Financial Services Ltd

Nifty Outlook
Our downside marker placed near 23600 restrained yesterday’s volatility from expanding into a downside spiral. However, an evening star candle stick pattern is suspected in formation that seeks a completion today which could ideally penetrate the 23600 and aim for 23300 region. But a pull back above 23700/760 could delay the onset of downsides, though an outright rise to 24200 is less expected.
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