NIFTY FUTURE WEEKLY OUTLOOK
Where will nifty end up on settlement day?
As usual let us depend on charts study.
Nifty will get resisted at 5480 - 5520 region next week.
Reversal from this level will take nifty down to 5385, 5330, 5260 next week.
On the other hand if nifty trades above the resistance band, it will move to
5580, 5640 and 5675.
Nifty might even try and trade above 5705, which could the be ultimate target for
nifty this week.
NEXT: A look at last week
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
Where will nifty end up on settlement day?
As usual let us depend on charts study.
Nifty will get resisted at 5480 - 5520 region next week.
Reversal from this level will take nifty down to 5385, 5330, 5260 next week.
On the other hand if nifty trades above the resistance band, it will move to
5580, 5640 and 5675.
Nifty might even try and trade above 5705, which could the be ultimate target for
nifty this week.
NEXT: A look at last week
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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