Flashback
http://jerrytechnicals.blogspot.com/2009/08/nifty-outlook-03-august-2009.html
Nifty future low - 4612
Nifty future high - 4730
Need i say more? Let me just say we started august calendar with a bang.
Even 100 shares of nifty would have given reader a profit 11000 + rupees.
Bull Level
Buy nifty future around 4650 with 4623 as stoploss for targets 4710, 4730, 4755.
Ignore this trade if nifty gaps up or moves to short level first.
Bear Level
Short nifty future at 4757 with stoploss at 4791 for targets 4710, 4650, 4625, 4595.
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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