Nifty Outlook : Geojit Nifty gearing up for range breakout by Geojit Investments Limited

2026-08-14 08:54:08 am | Source: Geojit Investments Ltd

Nifty Outlook : Geojit Nifty gearing up for range breakout by Geojit Investments Limited

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Nifty Outlook

The hammer formations in the last two days after 20 dma stepped in to arrest downside attempts, point to bargain hunting, despite the lack of risk appetite to chase prices higher. Oscillators continue to stay accommodative towards an upside move, aiming 24540-666 initially, followed by 24850-25100. But, given last two days’ swings, it is essential to keep downside marker near 24329-240.

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Nifty Outlook : Geojit Nifty gearing up for range breakout by Geojit Investments Limited

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