Nifty Weekly Analysis

Nifty should hold 14290 level as it has done for the last few months. The Index is definitely going through a time correction while you can see individual stocks falling or rising. This is a very healthy sign for the markets in my opinion. Continue to have a neutral outlook on the index at this point. I have marked all important trendlines on the chart as well for further reference. Focus on working in stocks and let the index do its thing.