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

10,400-10,500 & 10,700 levels are strong support & resistance levels range respectively, says Devang Shah

NIFTY     
CLOSE- 10564.05 (20.04.2018)
 
Market closed 4th consecutive week positive territory. It slow but steady extending on upside towards short term targets levels range as expected last week. Its consolidated in narrow range during week. It made a high of 10,580.30 levels during week. It closed near high at the end of weekly trading session. Its trading in channel as per daily chart. All the other indices such as midcap, small cap etc also extended gain & closed weekly in positive territory. One can expect market to extend further towards higher levels targets as expected below in short