Where is Nifty going?
The index posted a positive close on Friday. The RSI is very well poised, looking at the indicator it seems today’s open will also be positive. 10610 is the zone from where Nifty has moved down on a previous instance. These levels needs to be watched close above it may further taken Nifty to 11080 levels (another resistance level)
However if Nifty fails to close above 10610, downtrend may resume pushing back Nifty to 10200 levels.