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Nifty must sustain above 11,020 levels to move higher; three stocks that can deliver 6-8% return in near term

Updated : July 17, 2018 06:13 PM IST

Midcap and smallcap indices have registered fresh 52-week lows, indicating gross underperformance against the Nifty.
If the Nifty breaches 10,900 on a closing basis, it would be sign of a bearish trend reversal.
On July 12, the Bank Nifty registered a bearish double top pattern at 27,165.
Nifty must sustain above 11,020 levels to move higher; three stocks that can deliver 6-8% return in near term

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