SUNDAY


WEEKLY UPDATE




Nifty futures last week was traded towards northwards direction and was struggled to cross


its strong resistance at 8825 levels last two trading session nifty was trading in very tight


range and closed at 8811 levels, for the week ahead we expect nifty to move upwards only


if it breaks it barrier at 8823 levels, any breakout above the said level may push up the


prices up to 8870 to 8900 levels. Indian inc results are expected this week which will


decide the market movement.



Weekly Call :



Buy Nifty Only above 8825



and add further on dips up to 8810



with stops below 8770


for targets 8870 and 8900.