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2025-10-15 09:27:36 am | Source: Geojit Financial Services Ltd
Market Watch : IMF revises India`s FY26 GDP growth forecast upwards to 6.6% by Geojit Financial Services Ltd
Market Watch : IMF revises India`s FY26 GDP growth forecast upwards to 6.6% by Geojit Financial Services Ltd

Nifty Outlook

Though the 20 day SMA stepped in yesterday, to limit the extent of the drop, we prefer to give more weightage to the bearish engulfing pattern, thus acknowledging the prevailing bearish bias. Meanwhile, we remain equally prepared to switch sides, if Nifty manages to push beyond 25230. However, we will wait for a break beyond 25330 to play directional upsides.

 

 

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