Thursday, July 22, 2010

Nifty Trading Plan 22 - July -2010

NIFTY FUTURE


The whole of yesterday was a colossal waste of time for nifty traders as it traded in a


a super narrow range. One of those days where not trading would have made money .


Fo today's trading in nifty future, 5400 is the central pivot level.


Support is placed around 5360 .


Break below 5355 will lead to 5335, 5315 and 5295.


Resistance is placed around 5440.


Trading above 5448 will take nifty future to 5470, 5490 and 5508.


NEXT: A rangebound 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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