Nifty Weekend update

• Stochastic indicator shows possibility of an extended correction.
• But there are multiple bullish possibilities which will happen only if 5440 - 5480 level is protected on closing basis. Otherwise the recent lows may get tested again.
• Price had no drastic change last week But closing below 5500 will give comfort for bears.
• A Gap down on Monday may give a buying opportunity.
• DOW JONES BREAKS 12000