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Bonanza Portfolio: The trend deciding level is 5,050. If Nifty shows strength above 5,050 levels, then a rally to 5,130/5,170/5,225 may be possible. If Nifty does not show strength above 5,050 levels, then selling pressure may persist until 5,000/4,950/4,900/4,850.
Angel Broking: The trend deciding level for the day is 16,850/5,062 levels. If Nifty trades above this level during the first half-an-hour of trade, then we may witness a further rally up to 16,991-17,141/5,107-5,157 levels. However, if Nifty trades below 16,850/5,062 levels for the first half-an-hour of trade then it may correct up to 16,700-16,559/5,012-4,967 levels.
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