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The Option data indicated that 20,100-20,500 is expected to be resistance area in the coming sessions, with support at 19,900.
If the Nifty50 shows some more weakness in coming sessions and breaks the low of Monday's trade, then there could be further correction, say analysts
If the Nifty50 manages to get back and sustain above 20,000 mark in coming sessions, then the move towards 20,500 can be possible
Option data indicated that 19,900-20,000 is likely to be key resistance area in coming days, with support at 19,700-19,500 levels
The Option data indicated that 19,800 is likely to be next key resistance area for the Nifty50 with immediate support at 19,700-19,600 levels