Market Watch : Markets to look beyond budget; Earnings back in focus - Geojit Financial Services Ltd
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Nifty Outlook
The level of 24,000 acted as a base for bulls to regroup as expected, but the MACD bearish crossover still clouds the prospects of the continuity of this reversal attempt. The 24,550-24,590 zone is likely to act as the immediate hurdle for the index, while the 24,360-24,250 range should lend support for the day. A breach of 24,000 could lead to further downside risks, with the next support zone lying between 23,055 and 23,000
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Mid-Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
