Nifty April 3rd Week ViewNifty 50 IndexNSE:NIFTYIshanMathur05Last week, we witnessed strong short covering, which I had suggested in my weekly view. If we analyze the charts, Nifty is looking neutral for the upcoming week. The uptrend can continue on one condition: if Nifty crosses and sustains above 24,210. Otherwise, we can expect a halt in the current uptrend. Bull Case: If Nifty crosses and sustains above 24,210, then we can expect the upside to continue until the resistance range of 24,620–24,720. Bear Case: If Nifty fails to cross 24,210 decisively, then we can expect selling on rises. Additionally, if Nifty opens with a gap-down on Monday and does not take support in the zone of 23,837 to 23,672, then we can expect further retracement up to the level of 23,343.All levels are marked in the chart posted below.