Friday will see the levels 11,710 and 11,760 acting as immediate technical resistance area.
Thursday will see levels of 11,760 and 11,810 acting as immediate technical resistance area.
Net advances is positive, when advances exceed declines.
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.
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