WEEKLY
RESISTANCE FOR NIFTY: 8150, 8222, 8312, 8343
PIVOT
POINT: 7839
WEEKLY
SUPPORT FOR NIFTY : 7900,7862,7787,7622
WEEKLY CHAT FOR NIFTY
DAILY RESISTANCE FOR NIFTY: , 8170,8212,8276,8311
PIVOT
POINT: 7782
DAILY
SUPPORT FOR NIFTY : 8000, 7955,7911,7856
DAILY
CHART FOR NIFTY
Sensex opened the week at 25495, made a high of 26690, low of
25460 and closed the week at 26653. Thus it closed the week with a loss of 50
points. At the same time the Nifty opened the week at 7782,made a high
of 8181, low of 7722and closed the week at 8170. Thus the Nifty closed the
week with a loss of 47 points. Nifty would see strong support at
8005-7991-7959-7900 whereas strong resistance would be seen at
8086-8128-8180-8250 levels. The Indian equity market once again closed in the green
extending its winning streak to fourth straight session on Friday. The
Nifty closed at highest level in 7 months registering its biggest weekly
gain in nearly 3 months.