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National Stock Exchange (NSE) gains as much as 1.15 per cent and breaks above a resistance at 10,835.52 points
The resistance was determined at 10,835.52 points.
The breakout suggests that index may test the next resistance at 10,923.78 points in a couple of days
The stock's wave pattern suggests that it has completed a triangular correction.
Presently, the index trades above its 20, 50 and 200-day exponential moving averages.
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