Weekly review for Domestic Markets

TrendingShares Team had advised Caution last week for Nifty & Sensex . The resistance provided by us proved to be major hurdle for Nifty . Next week major resistances will come in the zones of 11270-11280 & 11340-111360 . Down side supports are 10900-10930 & 1100-11120 .

Slides to be watched on Reliance & BankNifty .

Factors to watch are 10 year bond yields .

We are midst of a perfect storm as major indicators of economy are collapsing & Government has no clue what to do . They are solely dependent on RBI for support which has its own limitations .

TrendingShares Team