Nifty
Nifty is interestingly poised for next week, a week in which result season will kick off.
All short term indicators have moved into sell mode suggesting domination of bears.
5240 will be the key level to watch next week. Trading below 5240 with volumes, nifty can correct
to 5195 and 5175.
Key resistance level for next week is placed at 5270. Above 5270 nifty will try to test 5310, 5370 and 5400.
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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