2025-08-06 09:21:48 am | Source: Geojit Financial Services Ltd
Market Watch: Trump warns of more tariff hikes by Geojit Financial Services Ltd
Nifty Outlook
Slippage past 24670 rendered the trend sideways yesterday. Despite bargain hunting lifting Nifty later in the day, momentum failed to sustain. Not surprisingly, only about 43% of Nifty 500 constituents closed above their respective VWAP signalling a negative bias. Yet, we believe that the 24450-24850 band needs to be broken for directional trades to emerge, with 24540-727 seen as a sideways range.
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