Wednesday, June 24, 2009

Nifty Outlook 25-June-2009

Flashback


Readers who went long near the long level would have printed out the almighty dollar as nifty nearly achieved 3rd target on upside.


Bull Level


Buy nifty future around 4250 with stoploss at 4230 for targets 4290, 4320, 4340


Bear Level


Short nifty future around 4345 with stoploss at 4370 for targets 4310, 4280, 4255


As usual no stock recommendations on expiry day


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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4 comments:

vishal said...

Jerry,

Great short nifty call today sir..somehow i have become your die hard fan...

Hats off to you..

Vishal

Jerry Technicals said...

Vishal,
Thank you very much for your appreciation.

-Jerry

sree said...

Jerry,

Your analysis of nifty is mostly spot on and you can add me also to your fans list.

Sree

Jerry Technicals said...

Sree,
Thank you very much for the appreciation. I am thrilled.

--Jerry

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