Tuesday, September 8, 2009

Nifty Outlook 09-September-2009

Flashback


Readers of the blog would have printed out the almighty dollar in SBIN long as it moved up 100 rupees from long level .


Even one lot of sbin would have given the reader a whopping profit of 13000 + rupees in intradaya trading.


Bear Level


In the scenario of nifty future breaking 4795 short with stoploss at 4815 for targets 4765, 4750, 4730.


Bull Level


If the short stoploss is triggered, readers may go long with the objective of recovering the loss ie 20 points.


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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