Market Watch : Strong Q2 GDP growth limits rate cut hopes by Geojit Investments Ltd
Nifty Outlook
Despite two consecutive red candles on the Nifty, oscillators have not signalled that Wednesday's steep rise was a discrepancy rather than a sign of explosive moves to come. While dips or flat trades are to be expected early in the week, we do not expect them to sustain. Instead, our expectations are towards continued rise targeting 26460-550 initially followed by 26900-27200. Alternatively, slippage past 26090 could expose 25860/700 or even 25300.

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