26-09-2024 09:28 AM | Source: Geojit Financial Services
Market Watch : China stimulus supports, but eyes now on US GDP - Geojit Financial Services Ltd
Nifty Outlook
While the regrouping of bulls evolved on anticipated lines yesterday, the close below 26060 does not leave us with much upside momentum. Expect positivity initially though, with dips likely to be bought as long as above 25970. Favoured view however does not expect large upsides. In fact, inability to make much headway beyond 26060/100 or a slippage below 25930 could let the bears in. Caution advised.
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Tag News
Benchmark index is likely to trade with mild positive bias today - Monarch Networth Capital Ltd
On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels - Jainam Share Consultants
The Nifty is at a crucial juncture, testing key support and resistance levels amidst a mixed sentiment backdrop - Tradebulls Securities Pvt Ltd
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct