08-07-2024 09:44 AM | Source: Geojit Financial Services Ltd
Market Watch : Nifty needs fresh cues to sustain 5 week - Geojit Financial Services Ltd
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Nifty Outlook
Weekly candles persistently staying above two standard deviation suggest that upsides have more room. Towards this end, we are willing to look beyond 24400-500, which we saw as a potential top last week, to 24720-800 as the near term objectives. Meanwhile, downside marker is placed near 24250 not very far, but we will wait for slippage past 24130 to abandon upside view.
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