Friday, December 4, 2009

Indian Stock Market Today 4 December 2009 (Nifty ,BankNifty and stocks) Outlook

RECAP:


Readers would have had a mixed day yesterday as nifty triggered stop loss of short, but made up for the loss by moving


till 5190. BHEL did not come up to short level.


Readers who traded BNF levels would have been richer by 15,0000 rupees in just 2 trades.


Nifty


Short Level


Short nifty future around 5147 with sto loss at 5167 for targets 5083, 5049.75, 5023.


Long Level


Nifty future crossing 5167, buy on retracment to 5157 with stop loss at 5135 for targets


5195, 5220, 5243.


There are ni BNF levels for today.


There are no stock recommendations for today.


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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