We had gone in yesterday limiting our upside expectation for the day to 23950 - Geojit Investments Ltd
Nifty Outlook
We had gone in yesterday limiting our upside expectation for the day to 23950. The sluggishness seen on test of this region is indicative that bullish exhaustion is setting in. That said, dips to 23822-693 may find buying interest and prompt an upswing higher keeping the 24400 view in play. A full reversal could be indicated only on slippage past 23693, in which case, 23465 will come into picture.


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