Nifty Outlook : Fed holds rates for now, but hints at rate hike ahead : Geojit Investments Ltd

2026-06-18 09:28:27 am | Source: Geojit Investments Ltd

Nifty Outlook : Fed holds rates for now, but hints at rate hike ahead : Geojit Investments Ltd

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Nifty Outlook

Though yesterday’s rise lacked the momentum, there were no signs of a premature end to upsides for which we had pencilled in 24200 as the initial objective, followed by 24300-600. That said, expect bears to dominate early in the day, followed by an attack on 24000, but we will wait for slippage past 23800 to abandon upside hopes. Alternatively, pull back above 24060 will signal return to upside trajectory.

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Nifty Outlook : Fed holds rates for now, but hints at rate hike ahead : Geojit Investments Ltd

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