2026-05-06 09:20:10 am | Source: Geojit Investments Ltd
Nifty Outlook - Trump pauses Project Freedom in Hormuz by Geojit Investments Ltd
Nifty Outlook
Post a few uncertain moments below our downside marker of 23940, recovery unfolded yesterday, easing collapse fears. While the threat of 23780-560 remains, yesterday’s long lower wicked candle points to the potential for a positive open today. We will wait for a direct rise above 24334, last week’s peak, to confirm upside, but ability to float above 24150 could suffice as a positive sign.
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