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Trade set up for Indian equity markets for December 11, 2020

Updated Dec 11, 2020 | 09:02 IST The Nifty Midcap snapped its 9 day gaining streak while the Smallcap gauge posted the worst daily performance since 25 November 2020. Representational image  Mumbai: The Nifty snapped its 7 day gaining streak and completed the gap at 13435 in the process while the Nifty Bank snapped its 4 day gaining streak despite bouncing from previous breakout near 30200. Both indices are to set to post 6th week of gains in a row. Yesterday’s advance –decline on the NSE was the worst since 25 November 2020 and the Nifty 500 declined on the back of identical open and high levels. The Nifty Midcap snapped its 9 day gaining streak while the Smallcap gauge posted the worst daily performance since 25 November 2020. Nifty Midcap is set to snap its 3 week outperformance over the Nifty.  

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