Nifty outlook and trading ideas by Sameet Chavan of Angel Broking

During the first half of this week, 15,750 - 15,800 are the levels to watch out for and the first of sign of strength would come only after reclaiming 15,800 on a closing basis

Markets clearly shrugged off mixed global cues early last week but did not add significant gains. Throughout the first half of the week, our markets traded positively to once again challenge the all-time high. However on the weekly expiry day, markets had a rough day which was mainly on the back of the negative development across the globe. Fortunately, the fall got arrested in the vicinity of the support zone to eventually conclude the week tad below 15,700. 
 

In the last one month or so, we have seen multiple attempts to reach the millstone of 16,000 but markets are clearly