Immediate Support For Nifty Seen At 10,950

"In the last couple of trading sessions, intraday activity in index (Nifty) has been sluggish and in yesterday's session, it seemed that trader's interest was completely shifted outside the index where some of the midcap stocks gave a mesmerizing up move of 5 - 10 per cent with ease," said Sameet Chavan, chief analyst-technical and derivatives, Angel Broking.





"On the Index front, technically not much has changed but looking at the outperformance in midcap space along with Bank Nifty we sense the optimism is likely to continue and we are likely to retest 11,100-11,180 mark soon. On the flipside, the immediate supports for the index are placed around 10,950 and 10,880."



