Weekly Special Report 12th May 2018

                          NIFTY SNAPSHOT

           OPEN INTEREST AND VOLUME

              TECHNICAL ANALYSIS NIFTY 

This week the Nifty opened the week at the level of 10679 and made a high of 10827 at the end of the week and a low of 10645 at the starting of the week and closed the week at 10820. Thus the index closed by gaining 141 points. The index was in uptrend till January end and then the Nifty retraced downwards till the ending of the financial year. After that it recovered and goes upward from the past consecutive weeks. The outlook of the Nifty for the next week will depend on Karnataka election and also the Iran Israel conflict. Higher crude prices will also impact the indices. 

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