Sunday, February 6, 2011

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK


Nifty is placed at historical support for next week.








Nifty future balance point is placed at 5445.


Supports are placed at 5385 and 5360.


Break down level is 5330.




Break down targets are 5285, 5235.




Resistances are placed at 5495 and 5525.


Break out level is 5555.


Break out targets are 5605, 5655.




NEXT: Taking Stock






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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