Readers of the blog would have minted the almighty dollar as nifty moved down from
resistance to pivot and then again moved from pivot to second long target with clean bar reversals.
It was goldmine article. Those who missed it can access it here. The market balance point for
today's trading is at 6310 today. Support is placed in the zone of 6285 - 6275.
Break and trade below 6262 will weaken nifty and it will correct to 6245, 6225 and 6205.
On the other hand, resistance is placed at 6330- 6340 zone.
Break and trade above 6355 will take nifty to 6372, 6392 and 6410.
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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