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ā¢ The Nifty50 is trading in an Ascending Channel with a higher-top higher-bottom formation, and any correction towards 19,330 will offer a good opportunity to go long.
ā¢ The Bank Nifty has formed a similar pattern and has immediate resistance at 44,600 and support at 43,700-43,560.
ā¢ ITD Cementation India and Bharat Heavy Electricals are recommended as buy calls for the short term.