Nifty has crossed 200 DMA and the overall sentiment looks quite positive. IT and media were up while while PSU banks and metals were down. Nifty has made a bullish pattern on the weekly charts while on the daily charts it has made a shooting star pattern. Expect the week to be positive with resistance of 10983 with next level of resistance at 11035 with support being at 10650. <br />We expect the trade to be range bound with upward resistance at 10983 with support at 10650, so trade cautiously.
