Market Watch: Trump tariff fears resurface Markets seem less worried - Geojit Financial Services Ltd

Nifty Outlook
We have all but completed the first leg of the 23450-23807 move that we had set out with last week. Nifty would be trading above the upper Bollinger band for the third consecutive day, but 60% of Nifty 50 constituents are yet to trade above their respective upper bands. This lends hope towards finding new leaders to further the uptrend towards 23807. That said, inability to push beyond 23450/500 region or an hour’s close below 23300 could set off a downmove towards 23160.
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