Market Watch : Trump announces new tariffs; hints at willingness to negotiate by Geojit Financial Services Ltd

Nifty Outlook
Friday’s hammer candlestick pattern failed to trigger an upswing, and in turn culminated in a doji yesterday. This is consistent with the weak momentum signals discussed yesterday. For now, while we continue to retain hopes of upwsings, we believe that they could be limited to 25500-588-650-730, followed by a turn lower as the week progresses. Downsides, for now are expected to be limited to 25300-24920.
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