Market Watch : Equities poised to take a positive start to the important week by Geojit Financial Services Ltd
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Nifty Outlook
Last two days' upsides were challenged by the Bollinger upper band. With oscillators in short term periodicities continuing to be overbought, it may require a pull back before we get back on to the 25500-800 trajectory. Dips to 25255 would be within our expectations, that may be stretched upto 25200, without needing to abandon upswing possibilities, but a drop beyond 25150 could signal re domination of bears.
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