Last time when nifty was at 10503 levels charts were indicating up movement to remain intact till it holds 10430 levels.
Well Nifty has made a low of 10440 thereafter and has been doing a yo yo between 10430 - 10600 odd levels. Today's high so far 10651 is closer to the resistance level of 10680 indicated in previous post.
The idea remains the same - buy on dips.
Level of 10540-10560 could provide some support going forward.
Momentum might be seen once nifty manages to close above 10680 levels
Take care & safe trading...!!!
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Nifty dips to make a low of 10532.70 and recovers to close the day above the 10540-10560 zone at 10576.