Market Watch: US Jobs data eases recession fears. Asian equities up by Geojit Financial Services Ltd

2025-06-09 09:05:41 am | Source: Geojit Financial Services Ltd

Market Watch: US Jobs data eases recession fears. Asian equities up by Geojit Financial Services Ltd

News By Tags | #Sensex #MarketOutlook #Nifty #BankNifty #GeojitFinancialServicesLtd

Nifty Outlook

Nifty appears ready for a breakout aiming 25460-26200 objectives that we have been eying for the last fortnight. That said, neither has Bollinger band widened, nor has momentum indicators started showing strength to support a vertical rise. This reluctance is reflected in the lag when compared to broader market. We will hence not be chasing prices right away, but instead wait for a pull back that will hopefully end before 24863. Major downside marker may be placed at 24640.

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Market Watch: US Jobs data eases recession fears. Asian equities up by Geojit Financial Services Ltd

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