2026-06-04 09:15:45 am | Source: Geojit Investments Ltd
Nifty Outlook - Ceasefire calms oil, but fails to cheer Asian equities by Geojit Investments Ltd
Nifty Outlook
The swing higher that unfolded after stretching towards our first downside objective of 23126 ended up without breaching the upside marker of 23500. This dismisses yesterday’s moves as a consolidation, rather than a reversal. Hence, we remain stuck in a range of 23126-23500, with 22800-23700 seen as the larger range. Within this construct, we see 23350 as the key pivot for the day.
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