Wednesday, March 31, 2010

Indian Stock Market Outlook (Nifty) 01-April-2010

NIFTY - Continuing love affair with 5258



Well it looks like the love affair will end one way or the other.


Tomorrow 5276 will be huge resistance level for nifty future.


Reversal from 5276 will take nifty future to 5245 and 5224 tomorrow.


Inorder for nifty future to trade with positive bias and make a april fool out of bears, it must break and trade above 5292 with volumes.


5320 and 5345 are the projected targets in such a scenario


Next : Article on nifty outlook 30th march


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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