The levels of 10,900 and 10,940 will provide stiff resistance to Nifty50 on the upside.
It would be crucial for the Nifty50 index to defend the 10,580 level on Thursday.
Nifty is likely to see the 10,710 and 10,790 levels act as immediate resistance on Tuesday.
Indian equities have underperformed both global and Asian peers in the past few days.
The 10,900 and 11,130 levels are likely to pose resistance on the upside.
The range from 10,900 to 10,945 levels will act as immediate resistance area for Nifty.
Thursday may see 10,900-10,950 zone acting as immediate resistance area.
Wednesday will see the levels from 10,950 to 11,045 acting as immediate resistance area.
Tuesday is likely to see the levels of 11,010 and 11,065 acting as immediate resistance area.
Pattern analysis on the daily chart showed Nifty remained in an ascending triangle formation.
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