NIFTY FUTURE
Readers who shorted nifty future as per yesterday's levels would have made good money.
Tomorrow is expiry day, and contrary to usual business nifty future might present
a nice oppurtunity to trade.
5400 is pivot level for tomorrow.
5430 will be strong resistance area and 5447 is breakout level.
Breakout targets are 5468, 5485 and 5510.
On the other hand support lies at 5365 tomorrow.
Break and trade below 5355 will invite all round selling and nifty could crash to 5340, 5325 and 5310 tomorrow.
NEXT: Shorting the nifty future
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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