Market Watch: Fed minutes awaited - Geojit Financial Services Ltd
Nifty Outlook
Half a step forward followed by a step backward has been the theme in the last few days, and that continued with 23000 stepping in to deflate the upside attempts. Despite this disappointment, the upside momentum appears to be intact, retaining 23150 as our first objective. However, given how recent upswing attempts have panned out, we may expect 23060 also to pose brief resistance. But, as maintained yesterday, we require a push beyond 23300 inorder to avert an imminent drop aiming 21800-21300.
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The Bank Nifty witnessed a rangebound action where it closed the session on a positive note ...
