Nifty has now entered a tough resistance Zone and 10790-10850 is a huge resistance Zone. 10650 plus resistance keeps increasing. So the movement will be highly volatile in this Zone till the supply is absorbed entirely. FII's have been selling is cash continuously so caution is needed in this zone for the Index. Above 10850 only Nifty becomes stronger. Downside 10500 is strong support.
For the week 10770 is huge resistance for Nifty Spot.
