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Nifty is holding the broad trading range of 5350 to 5490 from few trading sessions. technically it is looking strong, as might face the next major resistance close to the level of 5500. decisive closing above this resistance may take up it till the levels of 5600 to 5610 in near run. in the downside the crucial short term support seems to be in the range of 5350 to 5360.closing below this support range may slip it till the lower levels of 5290 to 5300 in near run.

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