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Last week the Nifty Index plunged on the Greece concerns and ended lower at 5018.05 Mark losing -4.92%.This is an indication of some longs building at lower levels. For the coming week Nifty will continue to face Resistance at its 5080 Mark, a maintenance above this mark can continue some pull back in it and in that case it can the next crucial Resistance would be 5165/5200 levels which would be tough to be sustained whereas on the downside Strong Support is seen in the vicinity of 4892/4846 levels. In Stock Futures Nifty would be Slow down, and Stock Option also follow it.

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