Morning Nifty and Derivative Comments 17 December 2024 By Anand James, Geojit Financial Services
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Below the Quote on Technical Views by Anand James, Chief Market Strategist, Geojit Financial Services
Though the dip and the turn higher thereafter from the 24630 region evolved on anticipated lines yesterday, the rise in VIX is suggestive of caution. This sets up room for extended consolidation with prospects for further slippages. We will keep the 25600 hopes alive though, with a downside marker placed in the 24480-400 region. Meanwhile, we expect early trades to swing within the 24540-700 band. - Read more
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