Market Strategy: Nifty ends headless on Friday; what investors should do next week
Ahead of the release of the data, the Indian equity market ended directionless, in continuation to the prevailing consolidation phase after posting a steep rally from 15,200 to 18,000 levels.Besides the US jobs data, crude oil prices, FII flows and the movement of the US dollar index would be the key triggers. Technical analysts say the crucial support for Nifty50 is 17,300 while resistance is at 17,800.