2025-08-12 09:08:14 am | Source: Geojit Financial Services Ltd
Market Watch: China tariff hike deferred for 90 days by Geojit Financial Services Ltd
Nifty Outlook
That yesterday’s promising upswing stalled near 24590 is sign of a caution calling for pull back early in the day. However, daily oscillators are positioned favourably, encouraging us to look for 25000 or more, despite several intermediate challenges at 24670- 720-850. Alternatively, inability to float above 24590 will deflate the upside momentum, but we may not see a rush to the 200 day SMA, now positioned at 24049, unless 24450 gives away
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