Wednesday, December 8, 2010

Nifty Trading Plan 08-December-2010

NIFTY FUTURE OUTLOOK


            Readers who followed this column yesterday would have minted the almighty dollar.


Market balance point for nifty future is placed at 5975 today.


Support will come in at 5952.


Break and trade below 5937 will take nifty to 5920, 5900 and 5880.




Resistance is at 5985.


Break and trade above 6009 will take nifty to 6023, 6038 and 6060.




NEXT: Gold 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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