Nifty is in a strong resistance zone. 10300-350 looks top.
Nifty could not close above the high ot TriStar, and closed just below that.
11300-350 looks like a resistance area, profit booking can be considered here.
Future interest is not changing much for past two days, indicators are still bullish.
The short term trend indicator 9EMA on 21RSI on two hour chart is indicating consolidation to mild weakness.
11300-350 looks like a resistance area, profit booking can be considered here.
Future interest is not changing much for past two days, indicators are still bullish.
The short term trend indicator 9EMA on 21RSI on two hour chart is indicating consolidation to mild weakness.
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