Tuesday, June 1, 2010

Nifty Trading Plan 02-June-2010

NIFTY FUTURE





4980 will be critical resistance area for nifty future tomorrow.


Reversal from this level will make nifty future retest today's low of 4933 and may even fall uptill 4880.


4880 is the confluence support region . Breaking this level with volumes, bears will pound nifty to 4850 and 4825.


Inorder for nifty to attract bulls, it has to trade above 5025 with volumes.


If nifty is able to that, bears will forced to shut shop and nifty will rocket to 5080 tomorrow.


Everything is perfectly setup for thrill a minute trading.


Next : THE OPTIONS TRADER


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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