Market Watch : Nifty in consolidation mode ahead of Q2 results by Geojit Financial Services Ltd

Nifty Outlook
Having tested 25200, volatility emerged on anticipated lines. A hammer candlestick pattern formed yesterday reflects our concerns. As maintained yesterday, Expect side ways moves or slippage towards 25030-25000, unless we see a direct rise above 25200. We do not expect an outright reversal though.
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