Wednesday, June 16, 2010

Indian Stock Market Outlook 16-June-2010 (Nifty, Bank Nifty and Stocks)

NIFTY FUTURE


Nifty future resistance for the day is placed 5245.


Trading abovr 5258 with volumes, nifty future will move to 5280, 5295 and 5310.


Reversal from 5258 will take nifty future to 5235, 5190.


Breaking and trading below 5177 with columes, nifty future


will correct to 5160, 5145 and 5125.


NEXT: NIFTY OUTLOOK 15 JUNE


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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