Nifty crashed just like what we wrote in weekly outlook.
For today 4895 will be high resistance zone for nifty future. A reversal from 4895 zone will mean that nifty future will fall to
4830, 4800, 4730 today.
Breaking and trading above 4915 will make outlook positive for nifty future and nifty future will move to 4930, 4975, 5020 in
such a scenario.
http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_24.html
Link to Weekly Analysis of Gold Future:
http://jerrytechnicals.blogspot.com/2010/01/gold-views-mcx-india-25th-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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