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Below the Quote on Post market comment by Deven Mehata, Research Analyst, Choice Broking 

The Nifty exhibited a positive performance with high volatility throughout the day. Nifty has formed a neutral candle stick pattern on daily charts at the all-time high levels indicating indecisive candle. Bank nifty also encountered volatility and closed positive for the day at 54455.90 levels.

The market has traded positive with the Sensex gaining 0.18 percent and closed at 80664.86 and Nifty was positive by 0.35 percent intraday and closed at 24586.70 levels also Bank Nifty closed positive, up by 0.35 percent and settled at 52445.90.

All the sectors except NIFTY IT Closed in Green today. The top Gaining sectors were NIFTY PSU BANK, NIFTY PHARMA & NIFTY REALTY. In Nifty stocks, ONGC, SHRIRAM FINANCE and BAJAJ AUTO were the top gainers while ASIAN PAINTS, LTIMINDTREE and GRASIM were the prime laggards.

INDIA VIX was Positive by 3.37 percent intraday and settled at 14.1875.

Index has a support around 24500-24400 zone.  Coming to the OI Data, on the call side, the highest OI observed at 25000 followed by 24700 strike prices while on the put side, the highest OI is at 24500 strike price. On the other hand, Bank nifty has support at 52000-51800 while resistance is placed at 52700 and 53000 levels.

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