Powered by: Motilal Oswal
2026-05-07 11:04:12 am | Source: Geojit Investments Ltd
Nifty Outlook : Japan's FX intervention eyed by Geojit Investments Ltd
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.

 

 

For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here