Friday, May 21, 2010

Nifty Trading Plan 21-May-2010

NIFTY



4868 will be critical for nifty future today on the downside


If 4868 is not proteted, nifty can crack even upto 4735 , 4719 today.


Reversal from 4868 will take nifty future to 4915.


Resistance for the day is placed at 4945 - 4970.


For nifty future to be positive it must trade above 4995 with volumes.


NEXT: A meandering day


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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