Monday, September 27, 2010

Nifty Outlook 28-September-2010

NIFTY FUTURE
       
 Nifty future came close to achieving our swing target of 6135 today.


For tomorrow's trading, Nifty pivot is placed at 6054. 


Reversal from pivot will take nifty to support level of 6010.


Break and trade below 6000 will invite trouble and nifty will correct to 5965 and 5922.


Resistance for nifty is placed at today's high of 6093.


Trading above 6107 will invite bulls back and they will ensure index moves to 


6135 and 6155.




NEXT: Nifty Weekly outlook




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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