The 11,405 and 11,465 levels will be key resistance points for NSE Nifty on Thursday.
Tuesday’s session is likely to see 11,530 and 11,585 levels act as resistance points.
The market is likely to see a lukewarm start to the week on Monday.
Signs of exhaustion and profit booking were visible in the last two sessions of market.
Friday’s session is likely to see 11,650 and 11,700 levels act as resistance points.
The 11,490 and 11,550 levels will act as resistance points in Thursday’s session.
The RSI on the daily chart stood at 65.63 and did not show any divergence against the price.
The RSI on the daily chart stood at 58.56 and marked a fresh 14-period high, which is bullish.
100-week moving average, which currently stands at 10,921, will remain the most crucial support.
The RSI on the daily chart stood at 37.86 and marked a fresh 14-period low, which is bearish.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon