The coming week will see the Nifty50 test major resistance at the 10,790 and 10,885 levels.
Friday is likely to see the levels of 10,650 and 10,735 acting as immediate resistance.
The Relative Strength Index or RSI on the daily chart stood at 61.1110.
The levels of 10,650 and 10,695 will act as key resistance zone on Wednesday.
Tuesday will see the levels of 10,610 and 10,650 acting as immediate resistance area.
The levels of 10,580 and 10,625 will act as immediate resistance for the market.
The Nifty50 ended the week with net weekly gains of 83.45 points, or 0.80 per cent.
The Friday’s session will see the zones of 10,580 and 10,625 act as resistance levels.
Volatility is likely to continue to persist, but downsides, if any, will remain limited.
The market may continue to consolidate a bit more before a clear upmove continues.
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