Monday, August 10, 2009

Nifty Outlook 11-August-2009

Flashback


Readers would have printed the almighty dollar in nifty short today as nifty from short level fell all the way down to 4 th target.


Note the nice way in which weekly levels are working. Weekly levels can be accessed here


Bear Level


Short nifty future around 4475 with stoploss at 4510 for targets 4400, 4355, 4325, 4305.


Bull Level


Buy nifty future around 4300 with stoploss at 4265 for targets 4340, 4380, 4425.


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.

No comments:

World Markets (delayed)