Market Watch : Fed cuts 25bps as expected Eyes on China`s fiscal measures - Geojit Financial Services Ltd
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Nifty Outlook
While the inability to float above 24360 has tilted the bias in favour of the bears, bulls appear to be have regrouped encouraging us to keep the upside hopes alive. We would however need a push above 24250 to confirm the same, in which case, 24600 may be played for. Alternatively, in the event of rejection trades from 24250 deflating upside hopes, expect a gradual slippage towards 24000, rather than an outright collapse.
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