Market Watch: Powell`s speech in focus by Geojit Financial Services Ltd

Nifty Outlook
Yesterday’s upswings went soft after stretching to 25153, and within touching distance of the objectives that we had set out with last week. Directional indicators are yet to indicate enough momentum to continue pushing higher though. But besides a bit of volatility expectations, the set up is not ready for a collapse either. For now, 25033-24977 may continue to be used as the downside marker.
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