Market Watch : India CPI eases more than expected in May, but oil rises 5% on Israeli strikes by Geojit Financial Services Ltd

Nifty Outlook
Yesterday’s plunge has effectively put an end to the near term uptrend. We will however wait for up swings to be attempted once in the 24640 vicinity, but with 25100 as the upside marker for the day. Expect 24445-24060, if unable to float above 24640.
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