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ForTuesday,October 1, 2019, the trend deciding point for the day for Nifty emergesat 11396mark. On its down move Nifty is expected to take support around 11396mark.If this level is broken due to strong selling pressure, then the next supportis expected to emerge at11352mark.But this will be possible only if there is asharp down move. On ascent, the first resistance exists at 11622mark. A sharpup move can make nifty cross this level and make it reach to 11668mark,depending on the force of demand pressure.An intermediate resistance stands at11575mark. If there is not much demand, then Nifty can reverse from here fordownside, instead of 11622mark. On the other hand, an intermediate supportexists at 11488mark. If there is not much supply, then Nifty can reverse fromhere for upside, instead of 11396mark.

ForTuesday, October 1, 2019, the trend deciding point for the day for Bank Niftyworks out at 29099mark. Thus any fall in Bank Nifty towards this level of 29099shouldget a support. If this support zone is broken due to strong selling pressure,then the next support is expected to emerge around 28986mark. But this ispossible only if there is a sharp downmove. On the ascent, an importantresistance exists at 29557mark. If this is crossed, then the next resistance isexpected to emerge at 29674mark.

For Tuesday, October 1, 2019, the trend reversal point for Nifty stands at 11352in spot. Any close BELOW 11352 in spot on Tuesday will change the trend inNifty to NEGATIVE. Again, that for Bank Nifty,this level stands at 30942 in spot. This implies that a close ABOVE 30942 on Tuesdayfor Bank nifty in spot will change the trend in that index in to NEGATIVE.

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