RECAP
Readers would have minted the almighty dollar as nifty made OH of 5135 and fell to exactly first target of short.
Nifty Outlook
Short Level
Nifty future around 5075 with 5100 as stop loss for targets 5025, 4990, 4950.
Buy Level
Nifty futue crossing 5100 buy on retracement to 5075 with stop loss at 5051 for targets 5115, 5135, 5155.
Short Pick - JP Associates
JP Associates looks weak on chart.
Short JPASSOCIAT future around 229.50 with stop loss of 233 for targets 223, 220, 215.50
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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