Sustainability warning triggers fall after Nifty hits 24400 - Geojit Investments Ltd
Nifty Outlook
Our sustainability warnings came into focus immediately after achieving 24400, setting off a turn lower. Incidentally, the bearish momentum eased in the closing hour, after achieving the downside objective of 24140, from where a regrouping of bulls was favoured. However, we lie in wait for a direct rise above 24250 to bring 24900 back into the picture. Else, look for extended dips to 23935 or even 23760.


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