NIFTY WEEKLY CHART.....
This is nifty weekly chart as on 25.04.2015. See the last week movement of nifty it is same as the week of last march ended on 23.03.015.
8269.15 is the low of the march last week and 8627.75 is the high of that week. Watch this weeks high 8619.95and low 8273.35.
So this week candle seems to be an INSIDE BAR for that march last week candle.
There happens to be a very tough war between the bulls and bears. An one side movement is expected only above breaking the high or low. Until then market will be in side ways
Any one side breakout will take the market to next levels of trading, its better to wait and watch and we can see heavy volatality in the market in the coming week
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