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NIFTY VIEW
Nifty finally broke the significant 200DMA level of 11250 to weaken the sentiment and bias and is now heading for 11000 level which would be the crucial support zone as of now. However, the support for the week is seen at 37070/10980 levels whereas the resistance would be seen at 38300/11380 levels. Bank Nifty would have the range of 27130-28350 levels. BankNifty has underperformed the Nifty index and would have 26600 as the next major support zone.
BUY HCL TECH
CMP: Rs 1,079
TARGET: Rs 1,180 -1230
STOP LOSS: Rs 1,030
CMP: Rs 1,079
TARGET: Rs 1,180 -1230
STOP LOSS: Rs 1,030
The stock has taken support near the
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