Nifty Outlook - Weekly Report
Nifty
Nifty recorded another strong session hitting fresh life time highs on Friday. In fact the
index formed a bullish engulfing pattern once again on the daily chart, which
provides confirmation that the current upswing is likely to extend
further.Support level continue to get upgraded, new support is seen around
10,780 levels. While Nifty has its eye on the 11,000 mark in the coming week.
Nifty Trends
|
|
R1
|
10981
|
R2
|
11139
|
S1
|
10724
|
S2
|
10548
|
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