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For NIfty, the immediate support on the downside is at 16,850-16,800, while the immediate hurdle is at 17,100. As long as the index moves in this range, it will remain sideways ....
Bullish technical set up is seen not only for Indian markets, but across the globe. Short-term traders are advised to focus on 15,470 levels as resistance for the Nifty50 index. ....
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