The upcoming session is likely to see stiff resistance coming in at 10,650 and 10,690 levels.
There are fair chances that we will see Nifty lose some ground again.
Supports for the NSE benchmark are expected to come in at 10,540 and 10,465.
In the coming week, the same zone is likely to pose stiff resistance for Nifty.
Friday is likely to see the levels of 10,650 and 10,730 acting as stiff resistance for Nifty.
Stock exchanges will hold one-hour Mahurat Trading on Wednesday on the occasion of Diwali.
Tuesday is likely to see levels of 10,600 and 10,665 acting as immediate resistance area.
The weekly RSI stood at 45.12 and it remained neutral against the price showing no divergence.
The levels of 10,450 and 10,535 will offer immediate resistance to Nifty on Friday.
There was volatility, but the market moved in a defined and limited range.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon