RECAP
As we had written last week, 5258 proved to be killer level yet again.
Readers who missed last week article may loook it up here.
NIFTY FUTURE WEEKLY OUTLOOK
Nifty is critically placed. This week's high and low will hold the fortunes for next week.
Trading above 5350 with volumes will take nifty future to 5373, 5395 and 5419.
Breaking and trading below 5240 will make nifty future weak and will correct to 5222, 5195 and 5175.
5275 and 5258 (again :-)) will act as strong supports for nifty future, while 5325 will act as strong resistance
in the coming week.
Many small cap stocks are breaking out in charts indicating a rally in small cap stocks next week.
Do check in during the week when we will blog about
trading oppurtunities in small cap stocks.
Next :F&O lot size change
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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