Powered by: Motilal Oswal
2026-05-18 09:44:27 am | Source: Geojit Investments Ltd
Nifty Outlook: Markets Slide as Iran Tensions Fuel Oil Surge by Geojit Investments Ltd
Nifty Outlook: Markets Slide as Iran Tensions Fuel Oil Surge by Geojit Investments Ltd

Nifty Outlook

While we view Friday’s vicious turn-lower with caution, 23489, the 62% fibo of the recent upmove, may be expected to slow down the slippages and allow a regrouping of bulls. Such a move should reclaim 23600 on the bounce, to confirm strength. Else, brace for 22800.

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here