RECAP
Nifty reversed from resistance level given and fell almost to 2nd target of short.
NIFTY WEEKLY outlook
Weekly resistance for nifty is placed at 5300.
Reversal from 5300 level will take nifty to 5225.
Break and trade below 5188 will take nifty down to 5160 and 5128 in the coming week.
Nifty will be positive only if it can trade above 5330.
In doing so nifty will open up targets of 5360 , 5395 and 5425.
NEXT: Nifty outlook for 16th 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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