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“Nifty has decisively crossed the trendline hurdle and appears set to check 19,850 now. Apparently, noticeable contributions from heavyweights like Reliance, Infosys and TCS, which have been on the sidelines, largely fuelled the up transfer. And, we anticipate their participation to proceed thus reiterating our view to keep up a ‘purchase on dips’ method and give attention to inventory choice,” stated Ajit Mishra, SVP – Technical Analysis at Religare Broking.
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