Thursday, September 16, 2010

Nifty Trading Plan 16-September-2010

NIFTY FUTURE OUTLOOK


Bulls continue to reign the roost at the bourses.


What is in store tomorrow ?


Nifty pivot has moved to 5852 tomorrow.


This will be critical level to watch out.


Sustaining this level, nifty will move to 5890, which will be resistance level for the day.


Above 5905, nifty will power itself to 5930 and 5950.


Support level for nifty is placed way below at 5815.


Break and trade below 5800 will invite selling and nifty will correct to 5760.




NEXT : Another powerful move






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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