The levels of 11,760 and 11,795 are likely to act as technical resistance area on Wednesday.
We expect Nifty to face technical resistance at 11,720 and 11,778 levels.
Traders should put emphasis on protecting profits than initiating fresh positions.
The levels of 11,620 and 11,655 will pose technical resistance to the Nifty on Friday.
Thursday’s trade is likely to see 11,585 and 11,620 acting as immediate resistance levels.
Tuesday will see the levels of 11,565 and 11,610 acting as immediate resistance zones.
Trade setup for Monday: Nifty likely to stay vulnerable at higher levels, don't chase momentum blindly
Monday is likely to see the levels of 11,495 and 11,550 posing resistance to the upmove.
Nifty will see the 11,535 and 11,630 levels work out as immediate resistance in the coming week.
Friday is expected to see the levels of 11,440 and 11,495 acting as immediate resistance area.
Thursday will see the levels of 11,470 and 11,495 playing out as immediate resistance area.
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