NIFTY TRADING PLAN
As written in this column yesterday, cracks developed in nifty future and fell to all targets given.
For tomorrow 5275 is the critical level to watch out for.
This level will see tussle between bulls and bears to obtain control.
5207 is the support level tomorrow.
Trading below 5207 with volumes nifty future will move down to 5185, 5165 and 5135.
For nifty future to move into positive mood, it must trade above 5308 with volumes.
In such a case nifty might move to 5320 and 5340.
NEXT : http://jerrytechnicals.blogspot.com/2010/06/nifty-29-june-2010.html
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