Market Watch : US retail sales data lifts Wall street. Asia follows - Geojit Financial Services Ltd

Nifty Outlook
Upside bias persisted on anticipated lines throughout yesterday, despite 22580 stepping in to keep a lid as feared. Nevertheless, the piercing candle formed thereof encourages us to continue playing the upsides, for which we had earlier set a 23000-23500 objective. For now, our upside target will be limited to 22750 though, with downside marker pushed higher to 22470.
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