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Summary:
• Nifty and Bank Nifty are on a downswing
• Pullback lacked strength in the indices
• Nifty failed to sustain above 20 DMA and bank nifty above 200 DMA
• 20 DMA for Nifty is at 17455
• 200 DMA for bank nifty is at 36850
• Furthur lower levels in the indices can be expected
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