The 11,150 & 11,210 levels will act as resistance. Supports may come in at 11,950 & 11,880.
The RSI on the daily chart stood at the 49.55 level and marked a fresh 14-period high.
The 11,100 & 11,175 levels will act as resistance. Supports may come in at 10,960 & 10,900.
Apart from formation of a black body, no significant formations appear on the candles.
The daily RSI stood at 31.78 and showed a bullish divergence against the price.
Thursday’s session is likely to see 11,000 and 11,050 levels act as resistance.
The RSI on the daily chart stood at 41.05 level, showing no divergence against the price.
Tuesday’s session is likely to see a tepid start with 11,100 and 11,165 acting as resistance.
The market is set to see a stable opening and may remain range-bound in initial trade.
The Indian market is set to see a stable opening in Monday’s session.
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