Monday, January 3, 2011

Indian Stock Market Outlook 04-Jan-2011

Nifty Levels to watch for:


Market balance point: 6180


Support: 6140


BreakDown: 6130


Break down targets : 6100, 5980




Resistance: 6227


Break out: 6238


Break out targets: 6255, 6275




Stocks to watch for:


 Nagarjuna Constructions (NAGARCONST): 


   Stock Balance point: 150
    
   Support: 146
   
   Breakdown: 142


   Break down targets: 138, 134.


   Targets for long trade: 155, 160, 167.




NEXT: Top Stocks 2010


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



No comments:

World Markets (delayed)