Market Watch: US Jobs data calls for caution - Geojit Financial Services Ltd
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Nifty Outlook
While optimism remained in the initial part, the inability to clear 25280 weighed on the traders, allowing slippages to our downside marker placed in the 25190-150, and even penetrate the same slightly in the closing hour. These two events, the rejection trades at the top and test of supports at the bottom, is classic of a consolidation that awaits momentum. Towards this end, we will begin the day expecting a swing higher, as long as yesterday's follow through weakness does not allow slippage past 25070, A direct fall below 25070 should however set up a collapse aiming 24400 with 24800 offering initial support, but our favoured view continues to expect 25800 but 25280 will continue to be an obstacle.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
![](https://portfolio.investmentguruindia.com/uploads/news/solar8.9.24.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/industry8.9.24.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Stock 9.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Himant.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Joseph Thomas.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _15.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/GST 12345.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Motilal oswal dukkadam.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nilesh Dalvi, CFO, CreditAccess Grameen.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Colliers_98.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Stock 9.jpg)
Market outlook: Rate cut, inflation data key factors for next week
![Perspective on the markets by Dr. Joseph Thomas, Head of Research, Emkay Wealth Management on the markets.](https://portfolio.investmentguruindia.com/uploads/news/Joseph Thomas.jpg)
![Daily Market Commentary : Nifty declined for the third consecutive day amid global volatility Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/uploads/news/Broker _15.jpg)
![Weekly Technical Write up by Shrey Jain, Founder & CEO, SAS Online – a deep discount broker](https://portfolio.investmentguruindia.com/uploads/news/shrey jain.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/ICICI Direct IMAGE.jpg)
The index started the session on softer note - ICICI Direct
![Daily Market Commentary : Nifty witnessed a post-budget impact and traded in negative territory throughout the session says Mr. Siddhartha Khemka , Head - Retail Research, Motilal Oswal Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/Broker_2.jpg)
![Nifty opened with an upward gap and remained lackluster within narrow trading range throughout the day - Jainam Share Consultants](https://portfolio.investmentguruindia.com/uploads/news/jainam share consultant.jpg)
![Daily Market Analysis : Markets resumed a negative tone after the recent breather and lost nearly a percent on the monthly expiry day Says Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/uploads/news/85264278830e76933871975d028cf39b.jpg)