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Technical Insights: Bulls surrender, indices breach support levels

Bhagyashree Vivarekar 0 3409 Article rating: 5.0

Indian stock market bulls finally surrendered after tremendous struggle to sustain above the support levels. We hold 10,100 followed by 10,033 as immediate supports. The 9685 level is a major reversal for the Nifty in the medium term. On the upside, 10315-10375 followed by 10,425 will act as resistances.

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