Market Watch : West Asia tensions lend caution by Geojit Financial Services Ltd

Nifty Outlook
We are not confident that the bounce off from the lower bollinger band last Friday has the strength to continue. Favoured view expects upsides to be limited to 24832 and settle in the 24500 vicinity. If the consolidation and renewed upside attempts thereof do not succeed in clearing 24832/88, expect a drop to 24060.
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