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Bulls are Back into action.

Yesterday's price action clearly indicates that Bulls are Back with full force. 
Next crucial level for Nifty is at 17440. Once this level surpassed, no turning back for Bulls.
Today's RBI policy can give boost strength to Bulls if they  adapt  Status Quo policy.
Supports 17050-16900.
Resistance 17440-480.
Regards,
Suryadev Bandari
Research Analyst

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