Friday, August 27, 2010

Nifty August 27-Aug-2010

NIFTY TRADING PLAN


What an expiry day. Everything went exactly as per plan.


The continous moving pivot is at 5476 for today's trading.


5442 will provide strong support for nifty future today.


Break and trade below 5430 will indicate trouble and nifty will move to


5408 and 5388.


Overhead resistace will come in at 5510 and trading above 5520 ,nifty will


fire to 5545, 5565 and 5585.


NEXT: UNEVENTFUL Expiry 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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