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MARKET REVIEW

* Equity benchmarks closed marginally lower on Tuesday.

* The Nifty slipped, dragging down by selling pressure in auto, pharma and healthcare stocks.

* The S&P BSE Sensex shed 54.30 points or 0.06% to 85,213.36. The Nifty 50 index lost 19.65 points or 0.08% to 26,027.30.

NIFTY FUT CHART

NIFTY FUT TECHNICAL OUTLOOK

* Nifty is expected to open on a negative note and likely to witness negative move during the day.

* On technical grounds, Nifty has an immediate support at 26000. If Nifty closes below that, further downside can be expected towards 25930-25880 mark.

* On the flip side 26170-26220 will act as strong resistance levels.

BANK NIFTY FUT CHART

BANK NIFTY FUT TECHNICAL OUTLOOK

* Bank Nifty is expected to open on a negative note and likely to witness negative move during the day.

* Bank Nifty’s next immediate support is around 59400 levels on the downside and on a decisive close below expect a fall to 59190-59000.

* There is an immediate resistance at 59840-60000 levels.

TECHNICAL CALL UPDATES

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