RECAP
Readers who went short on HINDZINC would have made good money yesterday.
NIFTY FUTURE
Today nifty future will have huge resistance at 5308.
Reversal from level will take nifty straight to 5258 :-).
5225 will be the support area for nifty today.
Break and trade below 5214 will increase the chances of nifty future gettting knocked down to 5190, 5168.
Nifty future will be positive only on trade above 5332. Targets of 5355 and 5380 will open up in such a scenario.
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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