Nifty Outlook - Focus shifts to IPOs by Geojit Investments Ltd
Nifty Outlook
Having reached within touching distance of the 23400 objective that we had set out for last week, a consolidation is expected. However, favoured view expects this phase to be short-lived and a rise to 23560 and beyond may be expected if dips are contained above 23280/260. Meanwhile, we will wait for break past 23116 to re consider prospects of 22600-21800.


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