The market found a reason to correct after Sebi put 331 stocks in the ‘shell companies’ list.
The 10,114 and 10,150 levels will act as immediate resistance for the market.
The 10,100 and 10,155 will act as immediate resistance for Nifty in Monday’s session.
The RSI on the weekly chart stands at 79.7787 and it has marked a fresh 14-period high.
The 10,090 and 10,140 levels will act as immediate resistance for the market.
The 10,114 and 10,160 levels will act as immediate resistance for the Nifty50.
Nifty could see the 10,150 and 10,210 levels play out as immediate resistance.
On Tuesday, the market is likely to see 10,114 and 10,150 levels playing out as key resistance.
The market is likely to see a modest start on Monday. Indicators show conflicting signs.
The coming week will remain exciting. Market has demonstrated extremely buoyant intent.
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