Nifty Outlook : US-Iran tension escalates; Oil surges by Geojit Investments Limited

2026-09-02 08:56:53 am | Source: Geojit Investments Limited

Nifty Outlook : US-Iran tension escalates; Oil surges by Geojit Investments Limited

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Nifty Outlook

Though yesterday’s doji suggests that buying interest is very much there, the repeat attack on the 24060-24000 band has made the trend vulnerable for a strong breakdown. We had pencilled in 23575 as the objective for such an outcome, for the last one week, but we are prepared to see 23800 as the initial objective before playing the next leg. Meanwhile, 24150-24215 remains the region to overcome to signal strength.

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Nifty Outlook : US-Iran tension escalates; Oil surges by Geojit Investments Limited

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