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ā¢ The Nifty index is expected to reach 20,400/20,500 levels in the upcoming series, with potential for further momentum towards 20,700/20,800 levels.
ā¢ The Bank Nifty is likely to outperform if it crosses 45,000 and maintains its position above this level, with heavyweight contributors from the private banking sector playing a pivotal role.
ā¢ Axis Bank has exhibited a robust breakout and is expected to rally further, while Adani Total Gas may see heightened volatility but is recommended for strategic buying.