A sustained move above crucial resistance of 11,730 will push prices higher towards previous swing high of 11,950, and can extend towards a life high of 12,103 too.
After the announcement of a Brexit deal, the Nifty crossed the major resistance zone of 11,450-11,480 and trading near strong psychological levels of 11,600.
The sharp bounce towards 11,666 levels also achieved the target of Relative Strength Index pullback buy pattern, as the recent RSI is almost near the previous high (70).
FOR MORE INFORMATION: RESEARCH_PANEL_INVESTMENT_ADVISER
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