Market Watch: Mid and small caps seen gaining traction by Geojit Investments Ltd
Nifty Outlook
Having closed in the vicinity of a declining parallel trendline, we are guarded against too much optimism, as last week had seen declines after similarly positioned at the start of the week. We will begin with expectations of continuation of uptrend, but, inability to clear 26190 will be taken as loss in momentum, while a direct fall below 25970 could invite long liquidation. A collapse is less expected though.

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