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The SENSEX & the NIFTY closed marginally below the day supports (60040/17900), but after crossing the resistance zone for the day (60385/18004).
As expected, the BANKNIFTY fared better.
For the SENSEX & the NIFTY, day supports are at 59865/17840 while 60120/17916 will be a resistance zone.
BANKNIFTY will continue to fare better than the SENSEX & the NIFTY with a strong support at 39850 and resistance at 40150.
For aggressive traders, it makes more sense to adopt a Stock-Specific approach.
3 Nov 21
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