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
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
Latest News
Market Commentary (closing) for 12th June 2026 by Ba...
India ramps up infrastructure spending on highways, ...
India`s inflation less of an immediate policy concer...
India leads in PMI among top 10 economies despite We...
Quote on CPI data by Rahul Agrawal, Principal Econom...
Quote on CPI Data by Garima Kapoor, Deputy Head of R...
Market Round-up - 12th June 2026 by Motilal Oswal We...
Evening Roundup : Daily Evening Report on Bullion, B...
India's retail inflation at 3.93 pc in May, remains ...
Sensex jumps nearly 1,700 points on hopes of US-Iran...
