Tuesday, June 23, 2009

Nifty Outlook 24-June-2009

Flashback


Readers who went long near the long level would have printed out the almighty dollar as nifty achieved all 3 targets given.


Readers could not have made use of DLF as the stock opened way down from the short level.


Bull Level


Buy nifty future at 4203 with stoploss at 4180 for targets 4245, 4290, 4325


Bear Level


Short nifty around 4340 with stoploss at 4365 for targets 4315, 4290, 4245


As we are nearing expiry, there are no stock recommendations for tomorrow.


Disclaimer


This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on indian stock market.
I assume no responsibility for any opinion or statement made in this blog.


Readers are urged to exercise their own judgment in trading. Readers shall alone be responsible for profit/loss.

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