Wednesday, September 15, 2010

Nifty Trading Plan 15-September-2010

NIFTY FUTURE OUTLOOK


Nifty pivot has moved to 5808 for today's trading.


Support for nifty is placed at 5772.
Break and trade below 5757 will indicate corrective mode and nifty will
move to 5735 and 5715.


Overhead resistance for nifty is at yesterday's high of 5845.
Nifty needs to cross 5860 to indicate a breakout.


In such a case nifty will move to 5875, 5895 and 5920.




NEXT: The momentum continues





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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