SharemarketRaja

Medium term on NIFTY

NSE:NIFTY   Nifty 50 Index
1) Becoz, FinMin Speech market may go up (double confirming this in the chart with bullish divergence formation)
but 11000 has a strong resistance(indicated by option chain analysis and this is a big psychological number as well)
2) In the past market is in a sideways zone between 10950 to 10600 range
3) before the market changes its direction Up or further down it has to break above mentioned levels to know the clear direction
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