NIFTY FUTURE OUTLOOK 05-MAY-2011
Nifty future moved exactly as per levels given in yesterday's column.
For today's trading 5520 - 5510 will act as support zone for nifty.
This is critical area from which nifty will try to move up.
Reversal from this region will take nifty to 5545, 5560 and 5580.
Trading above 5592 will make nifty bullish and index can move to 5620, 5640.
If nifty trades below 5500, it will slip to 5480 and ultimate target if 5460.
Nifty future moved exactly as per levels given in yesterday's column.
For today's trading 5520 - 5510 will act as support zone for nifty.
This is critical area from which nifty will try to move up.
Reversal from this region will take nifty to 5545, 5560 and 5580.
Trading above 5592 will make nifty bullish and index can move to 5620, 5640.
If nifty trades below 5500, it will slip to 5480 and ultimate target if 5460.
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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