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Though the reversal unfolded on anticipated lines, the pause inside the pivotal region of 19770-840 lends a neutral bias for opening today. Slippage if any, would have to be restricted above 19730 for ongoing upswings to retain momentum, while we would still require a break of 19840 to keep sight on the 20160 objective. Slippage below 19730 could however rekindle fears of 19460, but 19620 could continue to stand in the way of a free fall.
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