Nifty as expected today continued its uptrend. As the US Debt ceiling has gone in favour, Asian markets did cheer the move.

Nifty did give a gap-up today and remained range bound for most of the day. We expect NIFTY to be range bounded with some negative bias tomorrow as the last few hours in nifty did initiate some negativeness.

The levels for tomorrow remains at 18712,18692,18665,18612,18569,18546 and 18522.

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