14 April 16---22 April 16Shortest week (which had only three working sessions ) for the month of April had passed away, From the starting of this series nifty followed as expected earlier but in this week nifty suddenly turned its mood and reversed from 7500 levels and gave almost around 350 points till now.
From next week onward nifty may continue its upward journey for some time and then it will give good risk reward shorting opportunity.
next week nifty may give some direction for short term or for the last and expiry week of this months
weekly levels to watch on upside 7950-8000 which will act as strong resistance for next week
weekly levels to watch on downside 7666-7510 which will act as strong support for next week