Nifty April First Week View ( 21975 or 23850 ? )

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Nifty April First Week View ( 21975 or 23850 ? )Nifty 50 IndexNSE:NIFTYIshanMathur05Nifty formed long-legged doji candle on weekly time frame last week , indicating indecisiveness and high volatility , Upcoming week is truncated and nifty is going to trade for just 3 days . Expect extreme volatility , and news flow based trend until world calms down. We'll discuss both bear and bull case scenario BULL CASE : Upmove only when nifty crosses and sustains above baseline of 23,028 and it become stronger if nifty manages to cross 23,214 and uptrend would face resistance between 23,710 to 23865. Bear case : If nifty breaches 23,500 then we can expect further down move upto 21,975. All levels are marked in the chart posted .