Market Watch : US slips, Asia eyes China reopening - Geojit Financial Services Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Nifty Outlook
We have now had six consecutive days of fall. Last such instance was in October 2023, which saw a reversal on the seventh day. VIX at that point had peaked to 13 levels, from the vicinity of 10 prevailing a week earlier. In contrast to that, VIX has now swung from 11.5 vicinity to 15, indicating that range expectations are higher now. While this allows for extension in downtrend towards 23900, recovery hopes, initially aiming 25100-25200 now rest on Nifty's ability to reclaim 24940, our yesterday's downside marker.
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Tag News
Market Quote : Consolidation continued in the market; a slowdown in earnings growth and a we...
More News
Nifty took a breather after Tuesday`s slide and gained nearly a percent amid volatility - Re...
