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Market view for next week- 21/02 to 25/02 (Nifty spot cmp : 17 | Mor Equity

Market view for next week- 21/02 to 25/02
(Nifty spot cmp : 17276)

Our approach would be buy on dip for next week

Nifty range for the week : 17050-17625,
Long positions could be considered at 17100-17125 with closing basis SL 17000 for the target of 17500/17600

Monday possible gap down (due to today’s DOW/Nasdaq downtrend) would be good buying opportunity at 17100-17125