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Technical Outlook:

Nifty (Spot):

Nifty is continuing its bullish momentum where 15750/15880 are next resistance levels. On the downside, 15600 will act as immediate and strong support, below this, we can expect some selling pressure towards 15450/15330 levels. Traders are advised to trade with momentum until the market witness any sign of reversal.

Banknifty (Spot):

Banknifty is also continuing its bullish momentum where 35700-36000 is acting as an immediate resistance zone; above this, 36500 will be the next target which is an important hurdle. On the downside, 35500-35250 is an immediate support zone; below this, we can expect selling pressure towards the 34600-34200 zone.

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