Nifty tried to move past the 100-DMA, which currently sits at 11,408.
Nifty is likely to see the 11,360 and 11,405 levels act as strong resistance points.
Market on Friday may see a tepid start with 11,270 and 11,345 levels acting as resistance.
Thursday’s session is expected to see 11,355 and 11,400 levels act as resistance.
Wednesday’s session is likely to see 11,190 and 11,260 levels act as resistance points.
Nifty has taken support at the 50-week moving average, which currently stands at 11,171.
The market is likely to consolidate in a broad range and will be vulnerable at higher levels.
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.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon