Updated every Monday, on weekly basis.
15th June 2018 (Monday)
Market Short-term trend : For Short-term positions
Next resistances 10,800
Market ended steady on the weekly charts indicating a positive trend.
Nifty has the next major resistance at 10800.
Market has to close steady above 10,800, for a positive trend
Then the next major resistance above is at 11,000
A short-term consolidation is possible at this current barrier of 10,800
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In-case of any weakness, support below is at 10,700
Only incase of any close below 10,700, then it indicates a minor weakness.
Then the next major support below is at 10,500