Nifty
Readers who went long above 4880 would have made great money today as nifty zoomed to 4949.
Readers who went long in RELINFRA are already in profit.
Readers who went long in gold would have made a fortune as gold zoomed 300 points in just 2 days.
For tomorrow nifty future support is placed at 4910. Breaking and trading below 4895 nifty future will move down to 4860.
4990 will be the resistance area for nifty tomorrow. Breaking and trading above 5005 with volumes nifty future will move to 5035, 5055 and 5080.
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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