2026-05-25 09:08:13 am | Source: Geojit Investments Ltd
Nifty Outlook : Fuel prices hiked; fourth in two weeks by Geojit Investments Ltd
Nifty Outlook
Successive days of close not far from 23700 in the last seven days, suggest that the odds of a range breakout are high. Two consecutive days of close above 10 day SMA encourages us to step into the new week with positivity despite seeing rejection trades through last week on every attempt to push higher. Prospects of moving into the 23900-24450 band depends on the ability to float above 23600. Inability to do so may not trigger a vertical collapse, but major support is seen far, at 22800.
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