Nifty Intraday Outlook For 20-Oct

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On the basis of Nifty daily charts, we are observing that Nifty is near its resistance of 5170. For intraday trading tomorrow, we can see 5110/5080/5050 as the supports. On higher levels, 5170 is the immediate resistance for it and any gains above these levels are likely to face stiff resistance at 5200/5230.

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