nifty this week closed at 7954 with loss.
Nifty 5 weeks channel trend is flat and
Nifty 20 weeks price channel trend is down.
RSI is at 42 with sell signal.
nifty weekly support will be 7830 and 7710.
nifty weekly resistance will be 8000 and 8110.
nifty technical picture is weak
and nifty might test 7800 and 7600 levels again.
nifty future weekly trading call will be
stay short with stop loss for targets 7830 and then 7710.
nifty option weekly trading call will be
hold nifty 8200 put options with stop loss.