Tech View: Nifty forms Inside Bar candle on weekly charts. What traders should do next week

Weak global cues are largely weighing on sentiment in the absence of any major trigger from the domestic front. We may see some breather in the Nifty index after the recent slide but the tone is likely to remain negative, citing the weak structure of several index heavyweights. Participants should align their positions accordingly while keeping a check on leveraged trades