The 10,850 and 10,945 levels are going to play out as an important resistance area for Nifty50.
The daily MACD is still bearish as it trades below the signal line.
The Relative Strength Index or RSI on the daily chart stood at 53.6912.
The 10,750 and 10,800 levels will act as major resistance for the Nifty.
Monday will continue to see the levels of 10,765 and 10,800 posing resistance to Nifty50.
The 10,830 and 10,945 levels will pose great resistance to the index next week.
Friday is likely to see levels of 10,630 and 10,655 acting as resistance at higher levels.
The levels of 10,720 and 10,760 will resist any pullback in Nifty on Thursday.
Expect the levels of 10,820 and 10,850 acting as immediate resistance area on Wednesday.
Tuesday will see the levels of 10,820 and 10,850 offering stiff resistance to the Nifty50.
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