Monday recovery matched bullish outlook at week start

2026-04-15 09:21:44 am | Source: Geojit Investments Limited

Monday recovery matched bullish outlook at week start - Geojit Investments Ltd

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Nifty Outlook

The smart recovery through Monday was consistent with the bullish expectations with which we had started the week. However, despite the strong close, oscillators appear less positioned to achieve the 24400-24900 objectives right away. This calls for volatility, prompting us to keep the downside marker far and wide at 23760. That said, we will retain upside hopes while above 24080.

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Monday recovery matched bullish outlook at week start - Geojit Investments Ltd

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