Monday, June 15, 2009

Nifty Outlook 16-June-2009


Flashback



Nifty from near short entry level fell all the way to 4th target .



Nifty from near long level achieved the first target of long.



HDIL crashed from short level to third target.



In short, readers would have enjoyed making money with the levels given yesterday.



Bear Level



Short nifty at retracement level of 4555 with 4580 as stoploss for targets 4510, 4480, 4450, 4415.



Bull Level



Buy nifty future at 4400 with stoploss at 4375 for targets 4450, 4480, 4510, 4545



There are no stock recommendations for tomorrow

World Markets (delayed)