Market Watch : sia firm, but central bank cues awaited - Geojit Financial Services Ltd
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Nifty Outlook
That the turn lower did not fully meet the downside objective of 24510-480 is suggestive that another phase of consolidation or a leg of downswings could unfold before bulls gain enough momentum to push beyond the 24637-700 region. Alternatively, outright push above this region could bring 24900-975 into the picture, but rallies beyond the same is less expected right away.
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Quote on FPI from Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services
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