Thursday’s session is likely to see 11,870 and 11,965 levels act as resistance points.
Nifty may find it tough to top the 11,850-11,900 zone. Supports are at 11,720 and 11,650.
With a quiet start expected on Tuesday, 11,730 and 11,775 may act as resistance points.
On Monday, the 11,770 and 11,830 levels are likely to act as next resistance points for Nifty.
The coming week will be crucial as the market faces technical headwinds at higher levels.
Still, Friday’s session may see some followup positive moves in the initial trade.
Thursday’s session is likely to see 11,745 and 11,810 levels act as stiff resistance.
Despite volatility, the 50-stock index managed to defend its 50-day moving average (DMA).
Given the sharp selloff, a mild technical pullback cannot be ruled out on Tuesday.
Monday’s session is likely to see 10,860 and 10,930 levels act as resistance.
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