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27-October

Markets likely to open in green, Buy near 10350: Nifty opened
on a flat note and remained muted during most of the first half of
yesterday’s session as selective buying was being witnessed in
stocks. 

The index began to inch higher thereafter as index heavyweight witnessed good buying, and managed to end at its highest level ever on a closing basis.

 Nifty settled with modest gains in a volatile session of trade as firmness in European stocks supported the sentiment on the Indian exchanges which enabled the index to end higher by 0.47%. Going into today’s session, the index is likely to get immediate support around 10300-10280 below which 10240-10220 will act as strong
supports. Whereas on the upside, immediate supply in the index
can be seen around 10390-10410 crossing which the index could
witness some stiff resistance around projected levels of 10450-
10470 

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