2026-06-12 10:22:58 am | Source: Geojit Investments Ltd
Nifty Outlook : World Bank Cuts 2026 Global Growth forecast by Geojit Investments Ltd
Nifty Outlook
For the second consecutive day, upswing attempts got turned lower from the vicinity of 10 day SMA. The drop thereof eased after testing 8th June’s low, suggesting that bears are not that dominant either. Directional trades appear to be waiting for a breach of the 23400-23070 range, with 23500-23800 and 22800 seen as the initial upside and downside objectives, respectively. That said, we prefer to see 23200 as the key pivot for the day
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