Monday, March 8, 2010

Nifty and Bank Nifty outlook 09-Mar-2009

NIFTY








Tomorrow nifty future will struggle to cross today's high of 5145.

If nifty is unable to cross 5145 and trade with volumes, it will move to 5100.

Breaking and trading below 5092 will take nifty to 5081 and 5070.



BANK NIFTY

BNF will have resistance near today's high of 9168.

Trading above 9185 with volumes will open up targets of 9225 and 9245.

Otherwise BNF will drift down to achieve lower targets of 9095, 9045.



Readers will find the following links very useful


Nifty Weekly Outlook

MCX Gold Weekly Outlook





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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