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Watch Nifty
Ø Nifty made a huge move up. It is expected to resist near 5650 (+/- 10 pts.) and we are crucially poised. If it indeed crosses 5650, we could see it touch 5750. Perhaps after a couple of sessions around 5750, we can see it approaching 6000. For the present, we have to watch 5650 very closely.
Ø Nifty's resistance for 25/07 is likely around 5650 and 5680-5700.
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