Tuesday, February 2, 2010

Indian Stock Market Outlook 03-Feb-2010 (Nifty, Bank Nifty and Stocks)

Nifty



Nifty future will have huge resistance at 4860 for tomorrow's trade.


Only breaking and trading above 4880 will nifty future be able to test 4910 level.


Trading above 4910 with volumes nifty future will easily move to 4940 and 4970.


4778 is strongest support region for nifty.


If nify future is unable to hold 4770, it will fall to 4714, 4708 and 4677 .


Weekly Analysis : http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_30.html


Gold MCX view : http://jerrytechnicals.blogspot.com/2010/01/gold-views-mcx-india-1st-feb-jan-2010.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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