Nifty Outlook - Eyes on Earnings, Fed meeting by Geojit Investments Ltd
Nifty Outlook
The close back below the 20 dma is disappointing, with VIX’s sharp rise cautioning towards a plunge that could aim for 21600. However, the long lower wick of Friday points to recovery attempts. We will look for a push above 22690 to confirm strength for the day. Alternatively, inability to float above 22460 could be taken as resumption of downsides.


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