Ths wk market remain flat. Sensex gain only 0.16 % & nifty gain 0.27 %. Nifty find resistance arnd 5950.
Wkly inflation fig dsnt show any change. High crude oil price remain concern for our market.
Last wk nifty fut trade in low volume. 7th april nifty fut record lowest volume in this year. Open Interst
also remain low in ths wk. Nifty made a DOJI pattern in wkly chart. It is a reversal sign but we need confirmation in nxt wk trading range & from volume also. Nxt wk we have only 3 trading session so its interesting to see how market behave. Nifty trading range for nxt wk 5700-5950. if nifty sstn blw 570 thn we ll see some more dwnside.
Nifty spot 7 DEMA 5842.19.
Nifty spot 20 DEMA 5711.45.
FII wkly net psnal in cash up 2461.71 Cr.
DII wkly net psnal in cash dn 1789.92 Cr.
Crude oil trading at 113.17 $.
Gold trade near high 1474.60 $.
Silver trade near high 40.95 $.