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Nifty (5691) we said 'the market managed to stay above the crucial 5630 mark and closed in the green and I would say that 5775 is a possibility' the market is frustratingly range bound above a crucial 5630 mark and its good as long as it manages to stay above 5630 mark…
The crucial support for the Nifty is at 5630-5582 and the resistance is at 5775
Prakash Gaba is a professional technical analyst and a trader based in Mumbai and runs his own consultancy.