Market Watch: Nifty in need of fresh cues to march on by Geojit Investments Ltd
Nifty Outlook
Despite the profit booking on Friday, the close was above the monthly breakout point, retains the possibilities of yet another upswing attempt, that could put the trend back onto the 26550 trajectory. While we play such prospects early in the day, inability to float above 26028-25980 would have to be taken as a loss in momentum. Nevertheless, a collapse is less expected unless 25826 gives away.
Trader's Corner

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