NIFTY FUTURE
Nifty future is precariously placed in weekly chart.
The divergences in short term indicators are really playing havoc for bulls.
5388 is pivot level for nifty future next week.
Resistance is placed at 5420 level.
Breakout is above 5435. Breakout targets are 5455, 5495, 5510.
Reversal from pivot/ ressitance level will take nifty future wto 5350 which is the support level for the week.
5340 is breakdown level.
Break down targets are 5320, 5300. 5280 and 5240.
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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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