Market Watch : Nifty near 50 DMA, eyes earnings for fresh cues by Geojit Financial Services Ltd
Nifty Outlook
Though Friday’s slippages paused near 24920 region, the prospects of renewed weakness would persist as long as below 25030. We would now look for a direct rise above 25120 to consider short covering possibilities. Alternatively, slippage past 24920 would bring 24000 back into the radar, with intermediate supports seen at 24800 and 24450.
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