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2026-07-09 09:30:33 am | Source: Geojit Investments Ltd
Nifty Outlook - Focus shifts to Q1 even as oil surges by Geojit Investments Ltd
Nifty Outlook - Focus shifts to Q1 even as oil surges by Geojit Investments Ltd

Nifty Outlook

With both the surge towards 24600 and turn lower immediately thereafter having concluded, the stage is now set for either a large breakdown aiming 22900, or swing higher towards 24400 again. Favoured view expects a recovery swing, aiming 24041- 24229 initially. Alternatively, inability to sustain above 23936 could confirm the next leg of downsides aiming 23641 initially.

 

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