Nifty Outlook : Trump revives threat of attack on Iran by Geojit Investments Ltd

2026-05-20 09:10:45 am | Source: Geojit Investments Ltd

Nifty Outlook : Trump revives threat of attack on Iran by Geojit Investments Ltd

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Nifty Outlook

The sharp turn lower in the closing hour from the vicinity of 10 day SMA point to bullish exhaustion. This would also mean that we remain in a sideways range, implying that the dips may stretch as far as 23300. For today, we would have to see consistent trades above 23600 or a test of 23300 vicinity to shift bias to positive.

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Nifty Outlook : Trump revives threat of attack on Iran by Geojit Investments Ltd

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