Sunday, August 16, 2009

NIFTY OUTLOOK 17-AUGUST-2009

Bear Level


In the scenario of nifty future breaking 4545 short on retracement to 4560 with 4580 as stop loss for targets 4520, 4505, 4485


Bull Level


In the scenario if nifty future crossing 4580 after triggering bear level, buy at retracement to 4560 with stop loss at 4545 for targets 4595, 4610, 4635.


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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