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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