Nifty
Just like what we had written yesterday, nifty took support at 5058 and moved to 5115 our target of long trade.
Today could be a tricky day as the index decided where to move next.
First indications of weakness will appear when nf trades below 5070.
Doing so with volumes, nf will crash to 5055, 5015.
Support for the day is at 5080. Reversal from support will take nifty future to 5130, 5175
NEXT: THE RETRACEMENT
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.
No comments:
Post a Comment