Last week Nifty Index moved both the side, It gave the opportunity to both Bulls & Bears. Market did 1st target on both upside & downside & ended higher at end of the week. Index ended the week with 155 points gain.
Now for the coming week, the primary hurdle for Nifty on the upside is to cross over and stay above 9300-9330 resistance range. Above that, we can expect further upside towards 9500/9630 levels.
On the lower side, 8700-8640 is crucial below that Index can re-visit the lower levels.
In the coming week, 23 & 24 April is the Important Gann Time Cycle date.
Nifty Weekly Trading Levels
Next week 9330 will act as Resistance above, which moves towards 9400/9500/9650 can be seen. While I expect Support to take place at 9140 below, that move towards 9070/8970/8820 can be seen.