Weekly Special Report 16th April 2018


NIFTY SNAPSHOT


                 OPEN INTEREST AND VOLUME


TECHNICAL ANALYSIS NIFTY 

        Weekly View of Nifty

Nifty opened the week at 10354, made a high of 10527 and low of 10347 and closed the week at 10490. Thus the Nifty closed the week with a Gain of 136 points. Nifty touched 10,500 and ended marginally higher amid volatility. It started on positive note, in response to the latest macroeconomic data like IIP and CPI inflation which will prove to be favorable for economy. The near-term trend for the Nifty is still positive, and the index which is still sustaining above the hurdle of 10,450-480 levels for this week is likely to have a positive impact for next week. Hence, one may expect upside levels of 10,650 by next week.


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