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Watch Nifty
Ø Nifty has been on a move up and is expected to do so for the next few sessions. The uptrend will be in tact if Nifty holds 5960 and Bank Nifty does not violate 12220. On the contrary, if Nifty crosses 6050 and Bank Nifty 12560, then the uptrend would continue.
Ø Nifty's resistance for 06/12 is likely around 6050.
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