Tuesday, August 4, 2009

Nifty Outlook 05-August-2009

Flashback


http://jerrytechnicals.blogspot.com/2009/08/nifty-outlook-04-aug-2009.html


Nifty rocketed 48 rupees from buy level in an otherwise dull day for trading.


Bull Level


Buy nifty future at 4660 with stoploss at 4635 for targets 4695, 4725, 4760.


Bear Level


In the scenario of nifty future breaking 4635 short at retracement to 4650 with stoploss at 4675 for targets 4615, 4590, 4575.


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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