RECAP:
Nifty is near second target as written in weekly outlook.
NIFTY - Todays' trading levels
We could see nifty trading in a narrow range today.
5115 will be huge resistance for nifty. Reversal from 5115 will take nifty to 5077
Breaking and trading below 5054 will be bad for nifty as it could correct to 5038 and 5019.
Link to MCX gold weekly analysis : http://jerrytechnicals.blogspot.com/2010/02/weekly-outlook-gold-mcx-01-march-to-06.html
Link to indian stock market weekly analysis : http://jerrytechnicals.blogspot.com/2010/02/week-after-budget-how-to-trade-nifty.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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