Tuesday is likely to see the levels of 10,800 and 10,855 acting as immediate resistance.
Monday will see 100-DMA followed by 10,890 level acting as immediate resistance areas.
The Nifty50 index ended with a modest gain of 67.60 points or 0.63 per cent last week.
Nifty is likely to see the 10,867 and 10,940 levels act as immediate resistance.
Wednesday is likely to see the levels of 10,873 and 10,900 acting as stiff resistance.
Tuesday is likely to see the levels of 10,830 and 10,875 acting as immediate resistance area.
Nifty must move past its 100 and 200-DMA, which have become a proxy trend line for the index.
Going into a new week, we expect a positive start.
The levels 10,850 and 10,900 will act as immediate resistance area on Thursday.
Tuesday’s session is likely to see the levels of 10,965 and 11,035 acting as resistance area.
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