Market Watch : Oil falls as OPEC+ plans for output hike by Geojit Financial Services Ltd

Nifty Outlook
An upswing evolved on anticipated lines yesterday, but failed to breach the 24720-830 region pointing to low momentum. But, despite the down close, oscillators appear accommodative for more upswings, which prompts us to keep eying 24970 or even 25050. Alternatively, inability to close above 24800 would retain the prospects of continuation of downtrend, with nearest supports seen at 24500 and 24336.
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