NIFTY FUTURE OUTLOOK
Readers who traded long above 5510 as per weekly outlook would have
minted the almighty dollar as nifty zoomed to achieve all targets given.
Those who missed this article can access it here.
In our weekly basket of stocks RELINFRA and SBIN are outperforming.
LIC Housing, is yet to take off.
For today's trading, 5565 will be the pivot level for nifty future.
Nifty future will have strong resistance at 5602. Crossng 5616 nifty will move to 5640
which is the confluence level for multiple fibonacci resistances.
Support for nifty future is placed way down at 5533. Breaking 5518 nifty will move down to
5495.
NEXT: STOCKS THAT ZOOM
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:
Hi Jerry,
I loke ur blog most and got addicted to your lvls and views.
Pl. also post the Banknifty levels and views.
Thanks.
divyesh
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