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Technical View | Nifty defends 16,750-16,800 amid caution ahead of RBI interest rate decision

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In coming sessions, the 16,750-16,800 zone is expected to act as crucial support in the near term, while the 17,000-17,200 is going to be a resistance area and above the same, the index can march towards the 17,500 mark, experts said.

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