Market is expected to trade in the broader range of 11500-11800.
There could be a second round of sell off as 11500 is breached. On the higher side 11800 continues to be a strong resistance.
Some volatility is expected going forward. Market is expected to trade in the broader range of 11500-11800. Bank Nifty has strong resistance at 30,000.Bank Nifty can see some more profit booking. NBFC space continues to look pretty weak, says Vikas Jain, Sr. Research Analyst, Reliance Securities.
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