Market Watch : Middle East truce holds. Equities cautiously optimistic by Geojit Financial Services Ltd

Nifty Outlook
While we have not taken our eyes off upsides, the lack of momentum call for caution. If dips unfold first, expect them to be contained within the 25173-127 region. Downside marker may be placed in the 25014-24940 vicinity. Alternatively, if an outright rise evolve first, expect consolidation initially near 25330, post which, expect a surge to 25460-550.
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