It is observed that Indices have tested the important support levels of 5448 and have closed marginally above it. A bounce up to 17,990 - 18,110 / 5,380 - 5,420 levels in coming trading session cannot be ruled out as the hourly are in an oversold zone. However, any breach of the above support level would lead Indices to test 17,750 / 5,300 levels.
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