1) Becoz, FinMin Speech market may go up (double confirming this in the chart with bullish divergence formation)
but 11000 has a strong resistance(indicated by option chain analysis and this is a big psychological number as well)
2) In the past market is in a sideways zone between 10950 to 10600 range
3) before the market changes its direction Up or further down it has to break above mentioned levels to know the clear direction
but 11000 has a strong resistance(indicated by option chain analysis and this is a big psychological number as well)
2) In the past market is in a sideways zone between 10950 to 10600 range
3) before the market changes its direction Up or further down it has to break above mentioned levels to know the clear direction