Monday, August 2, 2010

Nifty Trading Plan 03 AUG 2010

Nifty Outlook


Nifty future pivot is placed at 5430 for tomorrow.


Break below 5415 will lead to 5390.


Nifty trend will become negative if it trades below 5382.


In such a case it will move to 5345 and 5320.


Nifty future resistance zone is placed at 5465 tomorrow.


Trading above 5476 will open up targets of 5500 and 5520 and 5535.


NEXT : RILtrading idea


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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