Friday, March 11, 2011

Indian Stock Market Daily Outlook


NIFTY FUTURE OUTLOOK 11-MARCH-2011


         Due to global cues, Nifty might open gap down.










Nifty will have strong support at 5445 and 5430.


Reversal from this region will take nifty to 5470 and 5490.


For bullishness to be restored nifty needs to trade above 5500.


In such a case nifty might move to 5520, 5545 and 5565.






Break and trade below 5410 will take nifty down to 5370.






NEXT:  Power of 5465



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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