Market Watch : Recovery spotted, sustainability doubted - Geojit Financial Services Ltd
Nifty Outlook
The improving risk appetite pointed out yesterday did not quite prevent the opening slippage, but did succeed in ensuring that the rest of the day did not see any more cuts. This should prompt further upside attempts today aiming 23390 initially, but would require 23480-565 band to be cleared before strength is spotted. Inability to float above 23390 could reopen the chances of 23100-22800.
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