Tuesday, May 18, 2010

Nifty Trading Plan 19-May-2010

Today's low in nifty future is critical for further upmove in nifty future.


Breaking and trading below 5017 with volumes will induce a correction upto 4980 and 4960.


On the other hand if support at 5035 holds nifty future will move to 5090.


5115 (again :-)) will be critical level for tomorrow.


Trading above 5115 with volumes, nifty future will rock to 5140, 5160 and 5180.


NEXT: Triangle Breakout


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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