Tuesday, August 17, 2010

Nifty Trading Plan 17-Aug-2010

NIFTY FUTURE


Readers who went short in nifty today as per (link) would have printed the almighty dollar today,


as nifty crashed from the resistance area.


For tomorrow's trading, nifty future will face resistance at 5445 region.


Trade above 5470 will restore bullishness in nifty and will take nifty to 5490, 5510 and 5530.


5390 is support for nifty future.


Break below 5375 will be heartbreak for bulls and index will correct to 5355, 5335 and 5315.


NEXT: Nifty weekly outlook


Did you like the above post ? Why not send it to your friends ?


Tell a Friend


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

No comments:

World Markets (delayed)