Short-term outlook for the market remains negative: Devang Shah

10,300-10,350 range on Nifty looks strong resistance levels for short term. It may remain is thin range of 10,000-10,350 levels on Nifty before decisive trend at either of side in short term.

NIFTY CLOSE- 10,113.70  (28.03.2018)

Market sharply bounced back from lower levels in this truncated week after achieving first short term targets levels. It closed weekly in positive territory. It made a low of 9,951.90 levels on Nifty & 32,483.84 levels on Sensex so far in this correction. It has retraced almost 38.2% in this correction near recent lows indicating one of possibility of short term bottom as per daily chart but one should follow trend till it reverses or get any kind of confirmation further to finally collude end of short term correction. All the other Indices such as midcap