Monday, November 1, 2010

Nifty Outlook 02-November-2010

NIFTY FUTURE OUTLOOKThe Market Balance Point for nifty future for tomorrow is placed at 6145.

Resistance band for tomorrow's trading is from 5175 to 5195.

Above 5200 level, expect nifty future to gather steam and move to 6220, 6235 and 6250.

Support band for nifty future tomorrow is 6125 - 6110.

Crack and trade below 6105 could induce trouble for bulls and nifty might end up

correcting to 6090, 6075 and 6055.

NEXT: 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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