Nifty Weekly Outlook

Weekly Technicals
High: 5181
Low: 4973
Close: 5109
5Ema: 5005

Nifty has closed below the critical level of 5133 on weekly chart and thus created a negative closing.

This negtiveness will be overcome only if nifty trades above 5184 next week. Trading above 5184 nifty future will move to 5255 and 5330 next week. However trading below 5133 with volumes, nifty can move down to 5025, 4975 and 4925 next week.

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