Market Watch: Nifty in search of fresh cues as year end looms by Geojit Investments Ltd
Nifty Outlook
The 26100 region pencilled in as the downside marker remained intact for the second consecutive day. However, the formation of an evening star, a candlestick pattern indicating reversal, cautions us to prepare for an extended slippage to 25935-25850, before bulls regroup. Alternatively, direct rise above 26325 could set the path for large gains, initially aiming 26550-850.

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Quote on Nifty 06th Aug 2025 by Rupak De, Senior Technical Analyst at LKP Securities
