The 10,890 and 10,945 levels will be immediate resistance for Nifty50 on Thursday.
Wednesday will see the levels of 10,850 and 10,930 acting as important resistance area.
Nifty may not see any runaway rally, unless the 10,850 level is breached on the upside.
Trade setup: Nifty likely to see modestly positive start; 10,820 and10,850 levels to act as key resistance area
Maintain highly stock and sector-specific view on the markets and guard profits at higher levels.
The 10,820 and 10,850 levels will now assume critical importance.
Friday will see the levels of 10,820 and 10,850 acting as potential resistance zone.
Thursday will see levels of 10,725 & 10,760 acting as immediate resistance area for Nifty.
Wednesday’s session is likely to see levels of 10,630 and 10,675 acting as resistance area.
Tuesday will see the levels of 10,650 and 10,735 acting as immediate resistance area.
Monday is likely to see the levels of 10,765 and 10,790 playing out as resistance areas.
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