2026-10-07 09:10:36 am | Source: Geojit Investments Limited
Nifty Outlook - MPC poised to raise repo by 25bps by Geojit Investments Ltd
Nifty Outlook
While yesterday’s relief rally stalled on approach to 22800 on anticipated lines, we are hopeful of extension in uptrend with eyes on 22930 or 23100-220. That said, dips are to be expected today. While inability to float above 22690 could bring in volatility, we would remain hopeful of resumption of upswings as long as dips are restricted to 22574. And, as maintained yesterday, we do not expect a collapse or a stretch beyond 22050 for now.
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