Market Watch : Global markets brace for Iran response after US strikes by Geojit Financial Services Ltd

Nifty Outlook
Despite the sharp rise on Friday, the pull back from highs in the closing hour, point to reluctance played out in the last month as well on approach to 25000. As is, upsides look limited to 25200-460 band. Being at the upper Bollinger band and with ADX at 13.2, momentum is missing. Inability to float above 25045 will call for dips, but for now, they are less likely to exceed 24865/827. We will wait for slippage past 24500/440 to switch sides.
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