Market Watch : RBI's OMO to boost liquidity further

2025-04-29 09:04:52 am | Source: Geojit Financial Services Ltd

Market Watch : RBI's OMO to boost liquidity further - Geojit Financial Services Ltd

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Nifty Outlook

Yesterday, we highlighted how Friday's session attempted a pullback, leveraging March's peak levels as support. While we initially mapped out a downside trajectory, we opted to wait for confirmation of an upside movement above the 24190 region. A decisive close above this level has boosted the potential for reaching 24500-850. However, with last week's peak at 24359 now within proximity, increased volatility is anticipated if 24300 fails to hold. Key support levels are identified at 24190, 24070, 23950, and 23670.

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Market Watch : RBI's OMO to boost liquidity further - Geojit Financial Services Ltd

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