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Nifty needs to sustain above 4900 to remain bullish on Wednesday. Nifty touched its first target of 4950 today. There is moderate to high risk in fresh long term investment. Nifty’s Intermediate trend is Up. Nifty target: 5150. Resistance for Nifty: 4970, 4990 , 5020 , 5070. Support for Nifty: 4800, 4750, 4700. Bank Nifty is in intermediate Up trend. [...]
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