02-05-2024 10:19 AM | Source: Geojit Financial Services Ltd
Market Watch: Equities in risk off mode; weigh Fed caution by Geojit Financial Services Ltd

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Nifty Outlook


The sharpness of Tuesday's plunge in the closing minutes, gives room for mean reversion moves, ideally aiming 22650-700 followed by a consolidation or a turn lower to 22480. This turn of events is consistent with our week's view, expecting moves to not gain momentum in either directions.

 

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