Friday, 29 April 2016

Nifty next week(2nd May 2016 to 6th May 2016) prediction



Nifty closed at  7849.80 (-49.50 points) from previous 7899.30 on weekly basis . as I mentioned in earlier still nifty is holding 200 EMA that is 7777.46 on daily chart and one more important support at the same level  as Gap up on 13-04-2016 at 7777.15 so this is working as important support for Nifty as of now.


For the next week Nifty spot :
                                              
                                                       If above 7877 then 7951 (1st) Target
                                                       If below 7877 then 7751(1St ) target.








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