Nifty Weekly Forecast for April Expiry
Last Week we gave Chopad Levels of 9113,
It was a dicey week of trading, Nifty gave Short entry on Tuesday after
a volatile move and did the target of 9080 by Tuesday. Long for
triggered on Thursday did 1 target on Upside. thus rewarding disciplined
Chopad Traders. Lets see how to trade in coming week as we approach
the April Expiry.
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Nifty Hourly Chart
As discussed in last analysis Bulls need to again hold 9113-9130 for move towards 9268/9312/9368. Bearish below 9100 for a move towards 9020/8969.
Bulls
held on the range on 9113 but failed to do the target of 9268. Bears
also failed to give any close below 9100. Coming week 9071 will play
crucial role holding the same move towards 9212/9268. Bearish below 9070
for a move till 8998.
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