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Bajaj Capital / 11:28 Jan 11,2018
On Wednesday, Nifty has opened higher at 10655.50 and after the small correction of 4.80 points or 0.05 percent it closed at 10632.20. On chart, it has technical resistance above 10650 and it may get positive momentum above 10650 only. Till it trades in between 10388 on downside and 10600 on upside it is likely to stay in range. If it slipped below 10388 then the biasness may turn on negative side and is likely to witness for profit booking in coming days.
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In this case it may find the support at10220-9960 marks in short terms. The fresh buying may emerge on chart only ittrades and sustains above 10650-marks in this case it may move towards10760-10880 marks. The medium terms as well as long term trends are up untiland unless it breaches below 9660. 

For the day, bulls may active if Nifty Janfuture trades above 10650. In this case it may move towards 10700-10800. If itslides below 10466 then it may find the support on downside at 10444-10422. More..


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