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2026-04-16 09:27:17 am | Source: Geojit Investments Limited
We warned yesterday that oscillators may not support an immediate move toward the 24400–24900 targets - Geojit Investments Ltd
We warned yesterday that oscillators may not support an immediate move toward the 24400–24900 targets - Geojit Investments Ltd

Nifty Outlook

We had gone in yesterday cautioning that oscillators appear less positioned to achieve the 24400-24900 objectives right away. Volatility was contained yesterday, but persistent, which we expect today as well, ideally allowing dips to 23935 or 23760, before another upswing is attempted. Alternatively, if bulls manage to regroup near 24140, expect rise to 24350, but sustainability is doubted.

 

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