Wednesday, February 2, 2011

Indian Stock Market Daily Outlook

Nifty Future Outlook


Nifty future balance point is placed at 5450.


Support is placed at 5420.


Breakdown level is placed at 5405.


Breakdown targets are 5390, 5370 and 5355.




Resistance is placed at 5475.


Breakout level is 5495.


Breakout targets are 5515, 5530 and 5542.




NEXT: Bears rule the roost


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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