Monday, July 13, 2009

Nifty Outlook 14-July-2009

Flashback


Readers who went long at 3920 would have had a good day as nifty moved up to 3990.


Bull Level


Buy nifty future around 3935 with stoploss at 3905 for targets 3970, 4000, 4035.


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On crossing 4055 buy nifty future at retracement to 4035 with stoploss at 4015 for targets 4090, 4115, 4140


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Bear Level


In the scenario of nifty future breaking 3905 short at retracement to 3925 with stoploss at 3955 for targets 3885, 3860, 3800.


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 solely be responsible for profit/loss.

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