Tuesday, October 6, 2009

Nifty Outlook 06-OCtober-2009

Flashback


Readers would have made decent amount of money in nifty short and printed out the almighty dollar in renuka.


Bear Level


Short nifty future at 5049 with stop loss at 5068 for targets 5008, 4981, 4960


Bull Level


In the scenario of nifty future crossing 5068, buy on retracement to 5045 with stoploss at 5020 for targets 5095, 5108, 5120.


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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