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Market Watch: Momentum eases by Geojit Financial Services Ltd
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Nifty Outlook
Nifty swung on either sides of 23545 on anticipated lines, while throwing little insights on the next move. Directional moving indicators have eased, pointing to an extended period of consolidation. Within this construct, a slow rise to 24130 or a slow decline to 23035 is possible. Our preference is towards upsides, as long as dips do not force a close below 23460
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