RECAP
Readers who missed last week's writeup can find it here
NIFTY
5355 - 5335 region will act as strong support for nifty in the coming week.
Over head resistances are placed at 5388 and 5412.
Trading above 5412 with volumes , nifty will move to 5440 and ultimate target of this rally which is 5466.
On the other hand, nifty will be weak only if it trades belwo 5300 with volumes.
In such a scenario, 5260 and 5225 will be fibonacci extension targets for nifty in the coming week.
NEXT: NIFTY OUTLOOK FRIDAY the 9th of april
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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