Last week I had written that 5962 will be strong support for nifty future.
Nifty low was exactly 1 point above the support level.
Those who missed last week's article can access it here.
For next week, nifty future pivot is placed at 6140.
6180 is the resistance for NF. 6195 is BO point for nifty next week.
Trading above 6195 nifty future will move to 6245 and 6299.
6300 to 6344 is historical resistance zone.
On the down side, support for nifty this week is at 6100 level.
Break and trade below 6075 will indicate trouble and nifty will correct to
6025, 5965 and 5910.
NEXT: Making money in unitech
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
No comments:
Post a Comment