Tuesday, December 7, 2010

Nifty Trading Plan 07-December-2010

NIFTY FUTURE OUTLOOK


              Nifty future exactly reversed from the area of resistance to fall to balance point as 


written in this column yesterday. 


For today's trading the market balance point is placed at 6008.


Resistance is at 6050. 


Trading above 6065,  nifty future will move to 6085, 6100 , 6125.


Support exists at 5965.


Break and trade below 5950  will take down to 5935, 5915, 5895.




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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