NIFTY FUTURE 22-02-2011
Due to global markets, nifty might open gap down at 5467.
5450 is strong support for nifty.
Breakdown level is 5430.
Break down targets are 5400, 5370 and 5340.
Reversal from support level will take nifty to 5500, 5530 and 5545.
Break and trade above 5567 will take nifty to 5595.
Trade above 5600 will introduce momentum and nifty will move to 5635 and 5655.
NEXT: 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
Due to global markets, nifty might open gap down at 5467.
5450 is strong support for nifty.
Breakdown level is 5430.
Break down targets are 5400, 5370 and 5340.
Reversal from support level will take nifty to 5500, 5530 and 5545.
Break and trade above 5567 will take nifty to 5595.
Trade above 5600 will introduce momentum and nifty will move to 5635 and 5655.
NEXT: 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
No comments:
Post a Comment