Nifty Outlook - Focus on IT stocks, while Oil continues to be a worry by Geojit Investments Ltd
Nifty Outlook
The 22050 region which we had pencilled in at the start of the week, but hoped not to see, is within touching distance, bringing 19000 and 16700 back in the radar. But, being at the lower bollinger band, a swing higher is hoped for though, early in the day. However, upside expectations will stay limited, as long as held within the 22290-350 band, but a direct rise above the same could call for 22440-600. Downside marker for the day may be placed near 22140.


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