Nifty Weekly Forecast for April Expiry

Monday, April 24 Leave a Comment

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. 

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.

Nifty Harmonic

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