NIFTY Weekly Technical Analysis.

Last week we saw NIFTY was in a negative mode.
Last week NIFTY closed at 2736 and this week at 2763 an increase of 30 points odd.
The week was volatile.
NIFTY TRIN at 0.771
Over all Nifty is of Mixed Nature.
5 day EMA at 2767.44

Pivot - 2749.65
Support - 2690 and 2625
Resistance - 2815 and 2895

NIFTY 1 month target 2915
Over all mode "Volatile"

NIFTY target for Next week - 2825 (NIFTY can touch this point and can come down)

Simple Moving Averages -

5 D	8 D	13 D	20 D	39 D	50 D	200 D
2756	2765	2821	2822	2837	2869	3685

Chart -



NIFTY Autogenerated technical analysis Click Here.

Happy Investing.

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