Nifty Trading Plan 17-September-2010

Nifty Future Outlook


Nifty future pivot has moved to 5855 for tomorrow's trading.


Reversal from this level will take nifty future to 5830 and 5815.


Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760 
and 5740.


5900 is the level to be watched for resistance.


Above 5905 nifty will attempt to cross 5916 and 5930.


Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.


NEXT: Trade using simplicity



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