Monday, January 18, 2010

Indian Stock Market Outlook 19-Jan-2010 (Nifty, Bank Nifty and Stocks)

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Nifty


As written in weekly outlook, nifty took support at the band and moved up sharply.



Tomorrow if nifty trades above 5296 with volumes, it will move to 5325, 5340 and 5355.


Support exists at 5260.


On the down side, 5250 will be key. Breaking and trading below 5250 nifty future can move to


5235, 5225 and 5210.


Weekly outlook: http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market.html


Weekly Gold Outlook : http://jerrytechnicals.blogspot.com/2010/01/gold-views-mcx-india-18th-jan-2010-till.html


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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