Saturday, April 24, 2010

Nifty - Indian Stock Market Weekly Outlook 26 April 2010 till 30 April 2010

NIFTY



For next week strong support exists for nifty at 5260 and 5235.


Reversal from support region will take nifty to 5340 and 5370.


Break and trade above 5403 will take nifty to 5440 and 5480 in a manner of days.


Break and trade below 5207 will be detrimental for bulls in next week.


In such a case , nifty future will correct to 5167, 5127 and 5087.


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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