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Nifty (17016) we said ‘technically now 17600 is a stiff resistance and a slide to 16984 is a possibility’ the Nifty unfolded as expected and achieved our target like a dot and has closed in the red…technically the Nifty is a Make-or-Break level…good place to bounce if it has to and if t slides further than a level 16640 is not ruled out…
Bank Nifty (38616) we said’ technically 40200 is a stiff resistance to deal with and a slide to 38192 is a possibility’ the Nifty Bank unfolded weak as expected and has closed in the red…technically 38192 is a still a possibility if it slides further…