nifty this week closed at 8189 with gain.
Nifty 5 weeks channel trend is up and
Nifty 20 weeks price channel trend is down.
RSI is near 49 for medium term breakout signal.
nifty weekly support will be 7975 and 7630.
nifty weekly resistance will be 8280 and 8495.
nifty future weekly trading call will be
buy nifty future on correction with stop loss below 7975
for targets 8280 and then 8495.
nifty option weekly trading call will be
buy and accumulate nifty 8200 call options with stop loss.