24-09-2024 09:21 AM | Source: Geojit Financial Services
Market Watch : More easing prospects prompt risk-on mode - Geojit Financial Services Ltd
Nifty Outlook
Yesterday's upsides looked restrained, after almost meeting the day's objective of 25965-990. But the struggles thereon have not signalled a turn yet, thus encouraging us to expect full achievement of the 25965-990 objective today. But the 26600 move might have to wait, given this would be third day above upper Bollinger band raising fair chances of a consolidation or a dip. Such slippages are not expected to clear 25710-612 though.
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Tag News
Benchmark index is likely to trade with mild positive bias today - Monarch Networth Capital Ltd
On the daily chart the index has formed a small Bearish candle with lower shadow indicating buying support at lowerlevels - Jainam Share Consultants
The Nifty is at a crucial juncture, testing key support and resistance levels amidst a mixed sentiment backdrop - Tradebulls Securities Pvt Ltd
The index started the truncated week on a subdued note and traded with a corrective bias throughout the day - ICICI Direct