RECAP:
Nifty future stayed in a very narrow range last week much like most indices around the world.
Nifty Analysis
For the week ahead, nifty future will have strong support at 5125 and 5087, inorder to move
to newer highs of 5225, 5245 and 5310.
Breaking and trading below 5080 would be detrimental for nifty and it could correct sharply to 5030 and 4990.
Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market. I assume no responsibility for any opinion or statement made in this blog. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss.
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