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• The Nifty has seen a surge in overall long build up, with the cumulative OI of current, next, and far series increasing by 5.63%.
• Bank Nifty has also witnessed long build up, with the Nifty's hurdle now seen at its all-time high level of 20,223.
• Analyst Hari Prasad of Livelong Wealth recommends buying ICICI Bank, Ashok Leyland, and Tata Motors based on derivative and technical data.