Market Watch: Nifty poised for a higher opening, even as tariff fears grip rest of the world Geojit Investments Ltd

Nifty Outlook
High momentum as confirmed by oscillators have been successful in letting Nifty trade close to the upper bollinger band on consecutive days. In this construct, bearish candles formed in the last two days could get ignored initially, before precipitating into a sharp reversal. For now, upside objective is set at 26186, with 26800 appearing as an optimistic objective. Meanwhile, downside marker is placed at 25780, but an outright reversal is not expected today.
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Nifty immediate support is at 25650 then 25500 zones while resistance at 26000 then 26250 zo...


