Last week nifty traded as per our expectations.
For the coming week, the market balance point is placed at 5940.
Resistance is placed at 5982.
Above 5990 nifty future will move to 6030, 6055, 6080.
Support for nifty future is placed at 5890.
Below 5875, nifty will move down to 5840, 5790 and 5750.
NEXT : Crash & Burn
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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