Thursday, October 15, 2009

Nifty Outlook 16-October-2009

Flashback


Nifty perfectly moved from long level to first target of long.


BNF support and resistance levels worked like magic today.




Bull Level




Nifty future crossing 5145 buy on retracement to 5125 with stoploss at 5105 for targets 5165, 5185, 5205, 5240.




Bear Level




Nifty future breaking 5067 short on retracement to 5085 with stoploss at 5107 for targets 5049, 5020, 5005, 4970.




There are no stock recommendations for tomorrow.


BANK NIFTY FUTURE - KEY LEVELS FOR FRIDAY TRADING







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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1 comment:

Anonymous said...

What range do you see the nifty in the coming expiry and also end december?
Thanks

World Markets (delayed)