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Market Watch : Nifty to attempt yet another recovery swing - Geojit Financial Services Ltd
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Nifty Outlook
While playing for pull back moves on Monday, we had limited our expectations to 25945. Incidentally, Nifty only had to peek above 25900 inorder to attract bears. However, we are not convinced yet that the pull back trades are over, and prefer to extend upside expectations to 26150. Alternatively, inability to finish the day above 25970 could signal that the 25600-24600 plunge that we had pencilled in, early in the week, will now get a higher base to launch.
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Quote on?Market Wrap by Shrikant Chouhan, Head Equity Research, Kotak Securities
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On the daily chart the index has formed a long Bullish candle forming higher High - Low form...
