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Watch Nifty
Ø Nifty made an impressive 'U' turn. It cannot be said with certainty that the reaction is over until Nifty closes above 6290 and Bank Nifty above 12830. In the meantime, 6130 will act as immediate resistance and 12540 for Bank Nifty. Healthcare would remain strong inspite of Nifty's gyrations.
Ø Nifty's resistance for 22/10 is likely around 6130 and 6170.
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