Sunday, March 20, 2011

Indian Stock Market Weekly Outlook


NIFTY FUTURE WEEKLY OUTLOOK






NIFTY future closed on weak note last week.


Let us have a look at the chart to find out possible moves next week.








Nifty will have strong resistance in 5470 - 5490 zone next week.


Trade above 5520 will indicate bullishness and nifty could move to  5550, 5575 and 5620.


Reversal from resistance will take nifty down to 5340 and 5295.




NEXT



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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