Buy position is envisaged if price trades above 11700.79 with take profit at 11712.09
Sell position is envisaged if price trades below 11659.67 with take profit at 11647.79
4pm USD CB Consumer Confidence
Shares of Apple Inc fell 1.4% on Monday as growing worker unrest at the world’s biggest iPhone factory in China fanned worries of a deeper hit to the already constrained production of higher-end iPhone 14 models. Reuters reported on Friday that the Foxconn-operated plant could see a further drop in November shipments as thousands of employees quit amid discontent over strict COVID-19 restrictions to curb rising infections in China.
Analysis: SCRUM Team