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A sustainable move above 19770 levels could bring bulls back into action. A slide below 19500 is expected to resume sharp selling momentum, said Nagaraj Shetti of HDFC Securities
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“Nifty is at a crucial juncture; slipping below 19200 could trigger a 200-point decline. If it goes below 19200, the next level is around 19000. Recent data show short buildup in Nifty and long unwinding in Bank Nifty, both indices now below their 250-day moving averages.”
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