Tuesday, October 19, 2010

Nifty Trading Plan 19-October-2010

NIFTY FUTURE OUTLOOK


                Nifty  future pivot for today's trading is placed at 6111.


Strong support exists at 6073. For nifty to lose its momentum it must trade below 6058.


Break and trade below 6058 will take nifty future to 6020.




Resistance for nifty future is at 6150 - 6170 area. 


Break and trade above 6170 will take nifty future into the 6200s and will move to 


6225, 6240 and 6265.




NEXT: NIFTY WEEKLY OUTLOOK

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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