23,800 acts as immediate resistance while the 23,600 level is the near-term support. Nifty faced resistance at the 21,800 level, indicating weakness in the rally. The momentum indicators on the hourly ...

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The market is now placed at the support of around 22,700-22,650 levels (near 38.2% Fibonacci retracement). Immediate resistance is at 23,000 levels, said Nagaraj Shetti of HDFC Securities.

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