Sunday, September 12, 2010

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK



Nifty future closed a bit above pivot level at 5625.


For the week ahead, nifty future will be resisted at 5660.


Break and trade above 5675 will take nifty future to 5695, 5715 and 5740.


Support for nifty future is placed at 5590.


Break and trade below 5575 will take nifty future to 5555, 5535 and 5505.


NEXT: Money talks


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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