Nifty Outlook - FIIs raise upside bets by Geojit Investments Ltd

2026-11-05 09:08:16 am | Source: Geojit Investments Limited

Nifty Outlook - FIIs raise upside bets by Geojit Investments Ltd

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Nifty Outlook

While yesterday’s surge slowed on approach of the 23990 region, also the 200 DMA, on anticipated lines, the pull back was brief enough to suggest that the onward surge has enough fuel to continue. This brings in to radar 24378, pencilled in yesterday. Continued rise cannot be ruled out, aiming for the internal trendline at 24835. The play for the day would be to ride the volatility that could set in, if unable to clear the 24378 mark. That said, downsides aiming 23700 could follow only on inability to float above 24079-130 region.

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Nifty Outlook - FIIs raise upside bets by Geojit Investments Ltd

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