Tuesday, August 17, 2010

Nifty Trading Plan 18-Aug-2010

NIFTY FUTURE


Nifty reversed exactly from the resistance area mentioned in


yesterday's column .


For tomorrow's trade in nifty future, pivot level is at 5426.


Resistance is at 5459. Trading above 5471 will take nifty future to 5505, 5530.


Support level is at 5390. Break below 5382 will indicate weakness and bears will maul nifty to


5355, 5355 and 5315.


NEXT: SHORT AT RESISTANCE


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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