NIFTY Weekly Technical Analysis.

Last week we saw NIFTY Zooming up !
Companies are declaring good results.

Last week we saw NIFTY in bullish mode.
NIFTY gained over 10 % in a week
FII's participation was moderate.
NIFTY TRIN at 0.372
NIFTY Range - Between 4410 and 4750

Current Spot - 4568
Support - 4450 and 4390
Resistance - 4695 and 4785
Reversal from either of these levels would provide the opportunity to initiate fresh short positions. (Resistance)

Chart :


Check NIFTY Autogenerated Technicals.