Friday, August 20, 2010

Nifty Trading plan 20-Aug-2010

NIFTY FUTURE:


Nifty pivot is placed at 5521 for today's trading.


5487 will be support and for bullishness to be in tact nifty future should 5472.


Break and trade below 5472 will induce correction and nifty will move to


5452, 5432 and 5412.


On the upside resistance will be at 5555. 5570 will be the breakout point and nifty will move to 5590 and 5610.


NEXT: BULLS ON FIRE


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

1 comment:

Unknown said...

sir u gave indiaglyco long at around 148 now it is tradind at 121 any view on it plz forward ur veiws on it.

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