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The Nifty index opened with a gap up but then corrected throughout the day, ending with a marginal loss. Bank Nifty outperformed and closed positively. Traders are advised to trade with caution and book profits regularly as the markets are overbought. Near-term support levels for Nifty are at 11040 and 10960, while resistance is at 11200-11250. Bank Nifty support is at 22600-22500 and resistance is at 23000-23100. Overall, the report provides a technical analysis of the movements and levels of the Nifty and

Author

bbaalluu

Language

EN