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19,840 critical resistance in near term; Nifty could end up going back to 19,400: Rohit Srivastava
“If we fail to cross 19,800 and break to around 19,680, it would be a sign that the short-term trend has turned down and we do see further selling and possibly going back to 19,400. Early indications from some of the other indices like Bank Nifty and Smallcap Index show that Nifty will possibly give up and head to those lower levels.”