As we had written yesterday (http://jerrytechnicals.blogspot.com/2009/12/indian-stock-market-today-15-december.html)
nifty crashed to achieve all targets given.
Bank Nifty short produced more than 30,000 rupees on just 2 contracts.
All in all readers would have minted the almighty dollar today
Nifty - Chart Watch
Tomorrow 5060 will be critical level for nifty future. Trading above 5060 nifty will move to 5110 and 5150.
On the other hand breaking and trading below 5005 will take nifty directly to 4975. If 4975 is not held
bears can hammer nifty to 4925 and 4895.
Nifty - Option watch
Most Active Puts
Most Active Calls
Trading the Bank Nifty Future
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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