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Nifty 50 forms a bearish candle today and breaks the major support level expecting to go further fall in price. My opinion is to avoid fresh long tomorrow below 7900 level. At the same time when it goes above 7970 level chances for bulls to go in action. Regarding sectorial analysis, FMCG is the only gainer today. And the worst performer for today are Nifty metal and Nifty PSU Bank. Stock to Watch out for tomorrow, PNB, BANKBARODA, ITC, JUBLFOOD.
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