Wednesday, October 13, 2010

Nifty Trading Plan 13-October-2010

NIFTY FUTURE TRADING PLAN


                Nifty pivot is placed at 6117 for today's trading.


Above 6117 nifty will move to 6135 and 6155, which are strong resistances for the day.


Breakout level is 6171. Above  this level nifty will move to 6195 and 6210.




Support exists for nifty at 6080.


Break an trade below 6064 will take nifty to 6048, 6030 and 6015.




NEXT: Reversal from pivot




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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