Nifty Hourly - Pullback Possible above 11040

NSE:NIFTY   Nifty 50 Index
Positive divergence in MACD and bounce from trend line support indicates of a possible bounce back. Expect good short covering if Nifty sustains above 11040.

For detailed resistance and support levels, refer to my under linked analysis of 15 Minutes Nifty Chart (Click on the chart to open)

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