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As posted in last week analysis Nifty again this week failed to get close above 10320, till we are holding 10141 low we can witness again bounce towards 10320 / 10455, Now for coming week bulls need to hold 10176 on weekly basis else below that move towards 10000 / 9910 can be seen and on the other hand bears will try to protect 10280 / 10455.

 

On Monday we close below 10176 and then before getting fall on Friday, Nifty was unable to get single EOD close above 10176 which result in the Friday fall in which Nifty made the low of 9951

 

Now for coming week Bulls need to hold 9908 on weekly basis, as below that move towards 9800 / 9670 can be seen and on the other hand bears will try to protect 10020 / 10175.

 

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