Market Watch : Markets on edge ahead of Trump`s tariff announcement - Geojit Financial Services Ltd

Nifty Outlook
The five day decline from the interim top has now reached the 38% fibo of the 4th March to 25th March ascent. Ideally this presents the best opportunity for bulls to regroup and launch a recovery move aiming 24200. The nearest support below 23137 is seen at 23050-22960. That said, penetration of the same may not revive calls for a crash to 21800 right away, as 22730-650- 522 appear well equipped to fend off large downside attempts for now.
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