Market Watch : GST cut fuels consumption hopes by Geojit Financial Services Ltd

Nifty Outlook
As maintained yesterday, the resumption of near term uptrend will depend on whether the slippages stretch beyond the 25200-25000 region or not. Early moves may retain a positive bias if above 25238, but it would require a direct rise above 25278/335 region to attract momentum. That said, the ideal rest point for the ongoing down move appears to be 24880-800.
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