Friday, November 13, 2009

Indian Stock Market Today 13-November-2009

Nifty Future Trading Levels


Bull Level


Buy nifty future around 4925 with 4895 as stop loss for targets 4975, 5007, 5040.


Bear Level


Breaking 4895, short nifty future with stop loss at 4925 for targets 4855, 4825, 4795.


Bank Nifty future Trading Levels



Flashback


Readers would have made good money yesterday as nifty moved up like a rocket from long level to first target.


RIL exactly made R1 as high and crashed 65 rupees.


Bank Nifty continued to the money fetcher if one had traded as per levels given.


It just crashed below S1 level of 9280 and stopped only at S4. A whopping 230 point gain in a matter of minutes.


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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