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Technical Outlook:

Nifty (Spot):

Nifty is continuing its bullish momentum where 15800 is an immediate target. On the downside, 15600 is an immediate support level while 15450 will be the next support level. 15675 will act as an immediate intraday support after a positive opening. Traders are advised to remain with the trend until the market shows any signs of reversal.

Banknifty (Spot):

Banknifty is facing some resistance in the 35700-36000 zone but 36500 is the next target for it which will be a crucial hurdle. On the downside, 35300-35150 will act as an immediate support zone while 34900 will be the next important support level.

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