Market Watch : Eyes on US CPI by Geojit Financial Services Ltd

Nifty Outlook
For the second consecutive day, Nifty could not add much to initial gains. For now, this reluctance could be passed off as a consolidation phase rather treat them as a reversal warning. We will continue to play for the 25235-460 objectives as long as dips do not extend beyond 25068/26. Alternatively, direct fall below 24900/863 could signal weakness, though we prefer to see past 24640 before switching sides.
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