Technical Analysis
WHAT LIES AHEAD : NEAR-TERM PICTURE
SPOT NIFTY :
After a seven-day long consolidation in the range, Nifty has finally moved above the level of 17,778 on a weekly expiry day. It registered gains of meagre 39 points since August 30 closing. Besides, since the last weekly expiry, it has gained 255.90 points or 1.46 per cent.