2026-05-08 09:35:10 am | Source: Geojit Investments Ltd
Nifty Outlook : Caution resurfaces on renewed US-Iran tensions by Geojit Investments Ltd
Nifty Outlook
Despite the push beyond last week’s peak, the rejection trades that surfaced on approach of the upper bollinger band resulted in an inverted hammer, neutralising prevailing uptrend. We will hence start today on a weak note, but with hopes of a recovery swing on approach to 24180/140. Inability to do so will expose 23750-23540.
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