Sunday, August 15, 2010

Weekly Outlook Indian Stock Market

NIFTY FUTURE - WEEKLY



Nifty future CMT level has moved to 5445.


Nifty will have resistance at 5480 level next week.


Trading above 5495 will take nifty to 5545 and 5600.


On the downside 5430 and 5400 will be support level for nifty future.


Break and trade below 5367 will invite trouble for bulls and index will correct to 5250 and 5225.


NEXT: Best of last week


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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