Nifty Outlook - Oil firm, Equities cautious by Geojit Investments Ltd
Nifty Outlook
Bargain hunting stepped in again to arrest dips and trigger an upswing, but upsides remained capped. Having declined persistently through this month so far, a mean reversion swing higher appears likely. However, near term upside attempts will struggle to clear 24540-666, while the potential for a leap to 24850-25100 discussed last week appears to be low at the moment. Alternatively, inability to limit dips to 24170, could expose 23575.


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