Buy or Sell | Crucial support for Nifty at 10,692-10,730
With Nifty correcting from upper end of trading range and also closing below the 50-day SMA, weakness could continue in coming week. Crucial support is now at 10692-10730. A close below these levels could lead to further sell off. If this support holds then a bounce back is likely and Nifty can once again trade in a range.