Friday, June 4, 2010

Nifty Trading Plan 04-June-2010

NIFTY FUTURE


Just like what I had written yesterday (link) nifty moved above 5065 and rocketted to 5105.


For today's trading 5115 (again) till 5125 will hold the key for bears.


If nifty reverses from this level it will fall to 5075, 5040 and 5010.


On the other hand trading above 5136 will make nifty future really bullish and it might even move to 5168.


NEXT: Nifty 03-June-2010


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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