Monday, March 22, 2010

Indian Stock Market Outlook (Nifty) 23-March-2010

NIFTY FUTURE OUTLOOK



Nifty future will have huge resistance at 5241 tomorrow.


For nifty to be positive it must trade above 5258 with volumes.


Reversal from 5240 will take nifty to 5219 and 5205.


Breaking and trading below 5195 will make all hell let loose in nifty and bears will hammer nifty to 5178, 5160 and 5143.


Trading above 5258 with volumes will take nifty to 5300 , 5320 and 5335.


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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