Business Standard

Key levels: Bears may have the upper-hand below 11,125

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Rex Cano Mumbai

Despite significant profit-taking yesterday, the Sensex may today open on a positive note helped by strong cues from the overseas markets.

Today, the index is likely to face some resistance around 11,125-11,240. The bears will have the upper hand, below 11,125. On the downside, the index may find support around 10,770-10,650.

The NSE Nifty is likely to attempt an upmove towards its 200-day DMA, around 3,430. In case of weakness, the index may slip to 3,310-3,270.

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First Published: Apr 17 2009 | 8:55 AM IST

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