Extreme Negative Sentiment in Nifty Futures

Extreme negative sentiment is witnessed around the closing of Tuesday’s session. Nifty Futures is down by -2.3% with a late emotional sell-off.

Though quick flip strategy is continuing on the short side presence of extreme indication around the close could bring a possible short term pullback. Immediate resistance is available around 10850-10860 band crossing those levels could bring a possible short-covering rally in a very near term towards 10940 and 11000 levels

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