The range for the market is likely to be in a range of 11200 to 10700 on the downside. So given the days left to budget, we expect the market to test 11100 11200 while only a decisive break beyond that we may see a next move since that would call in for a much aggressive rally that may be supported by short covering as well. On the downside, support is established at 10700 10650.
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