Thursday, July 2, 2009

Nifty Outlook 03-June-2009

Flashback


Readers who went long as per bull level would have booked a loss as volatility destroyed a good long trade.


Bull Level


Buy nifty future around 4262 with stoploss at 4240 for targets 4315, 4330, 4370


Bear Level


Short nifty future around 4375 with stoploss at 4400 for targets 4330, 4315, 4275


Because of the expected volatility, no stock is recommended 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 solely be responsible for profit/loss.

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