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Nifty close 8170 points:The Nifty opened the week lower and fell below the 8106 mark intraday and week but recovered to close above it. Trading was range bound as the Bulls and Bears were able to defend the support and resistance levels respectively as the Nifty closed unchanged over the previous week.

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Nifty close 8156 points: The Nifty opened the week firm but sold off immediately on the very first day of the week. However, it did not break the crucial 7700 points mark and a sharp midweek rally saw the Nifty close above the weekly resistance of 7815 points which resulted in the shorts scurrying for cover.

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