Nifty Outlook : Japan's FX intervention eyed by Geojit Investments Ltd
Nifty Outlook
While the surge in the second half renews upside hopes, the inability to close above last week’s peak cautions us from pursuing upswings today with urgency early in the day. Expect initial dips to be contained above 24240 retaining the upside bias, but slippage past 24180 will weaken the positive structure severely. Alternatively, if 24280-240 region holds, expect a vertical rise to 24650.


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