NIFTY WEEKLY OUTLOOK
Get ready guys. Bears are ready again for next week.
WHY??
Here on weekly charts of nifty last week's high was 10764 and this week's high is 10765. In simple terms nifty is facing resistance near 10770.
On weekly charts baby candle formed, other technical are also showing clearly weakness, In addition macro factors are also not in favour for going fress upside.
Currently every business channel and telegram channel recommending to buy nifty for next week so my suggestion is
"Don't long nifty blindly"
That's it.
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