Watch Nifty
Ø Nifty corrected yet another session and took support around 5960. The next support levels are 5920-30, 5820 and then 5700. As we have observed, the correction could be deeper - perhaps the target could be 5820-5700.
Ø Bank Nifty which has already corrected 700 points could go down by another 700-800 points.
Ø Nifty's support for 21/10 is likley around 5930 ( + /- 10 pts.).
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