Sunday, May 16, 2010

Nifty Trading Plan 17-May-2010




5043 is confluence support level for nifty future tomorrow.


Reversal from 5043 will take nifty future to 5100 and 5152.


5207 is critical level for bulls tomorrow. Break out above 5207 will take nifty future to 5245.


Breaking and trading beloe 5020 will invite selling in nifty future and index might correct to 4985 and 4950.


NEXT: Indian stock market 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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