Wednesday, October 27, 2010

Nifty Trading Plan 28-October-2010

NIFTY FUTURE OUTLOOK








      Readers who shorted nifty future as per yesterday's article would have minted the almighty dollar 


as nifty tanked by 100 points from short level. 


For tomorrow's trading the Market Balance Point is at 6038.


Resistance for nifty future is at 6075. Break out will be above 6091.


Trading above 6091, nifty future will move to 6115, 6135 and 6150.


Support for nifty future is at 6000.


Break below 5985 will indicate real trouble and nifty future will move down to 


5960, 5945 and 5925.


NEXT: Short means -> money in short time




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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