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Nifty is at a highly overbought range, major resistance at 12929.5552

Nifty opened at 12932.5 on monday while the weekly high was and week low was 12948.85 & 12730.25 while the support was placed at 12762.5448 while closing at 12929.5552 .

While Sensex opened at 44095.85 on monday while the weekly high was and week low was 44230 & 43518.11 while the support was placed at 43604.84469 while closing at 44148.72865 .

Key Levels For The Upcoming Week

Minor Resistance and the support is expected to be at the 12762.5448 & 12929.5552 levels while Major support for Nifty for the Week is Expected to be at 12710.9552 .

Recommendations 

Stocks Recommendations are as follows:-

* stop loss is for reference only you can put it according to your risk appetite

RSI of Nifty through the week

RSI of Nifty is highly overbought.Short term picks as we mentioned above can be held for a week.

Sector Move For The Week

Top mover of the week was NIFTY Auto moved by 4.05% & NIFTY PSU Bank 3.74%.

FII DII Data For The Week 

F.I.Is have been bullish through the week 13,018 while the D.I.Is were bearish -12,342 .

Bulk Deals On Friday 

Some of the bulk deals on Saturday were in Vikas Multi Corp ,SITI Net and Trident ltd to know  visit Bulk Deals.

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