Market Watch: Low VIX points to recovery expectations by Geojit Financial Services Ltd

Nifty Outlook
Yet another attempt to breach the 24960 barrier was turned down. Opening trades are expected to see some cuts, but favoured view expects yet another upswing attempt as long as dips are held above 24675. But, should 24650-600 region give away, expect 24450, but a collapse is less expected, as maintained yesterday as well. Alternatively, a direct rise above 25000 could set up a 25330 move.
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