The overall uptrend status of Nifty remains intact. Though, the market is placed at the new highs, the selling pressure has not been emerging from near the hurdle. If such a pattern continues for the next 1-2 sessions, without showing any further damages, then that could eventually result in a sharp upside bounce in the market. Immediate support is at 19300 levels,” said Nagaraj Shetti, Technical Research Analyst at HDFC Securities
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