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Watch Nifty
Ø Nifty continues to be weak and volatile. We have to repeat what we had mentioned yesterday - that a reversal is imminent. The downside could be upto 5700 ( +/- 2 %). Bank Nifty is also expected to take support at around the current levels (+/- 1%). If these levels fail to hold, then Nifty could test 5500 and Bank Nifty, 11,000.
Ø Nifty's support for 26/11 is expected around 5720-30.
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