NIFTY FUTURE 02-JUNE-2011
Readers who short sold nifty future yesterday would have made a profit of close to 4000 rupees.
Due to poor global cues, nifty future might open gap down.
After gap down open, nifty will try and retrace to 5560 levels.
The trading idea for the day would be to short nifty future in case of gap down open at around 5560
with stop loss 5580 for targets 5540, 5530, 5515, 5495.
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
Readers who short sold nifty future yesterday would have made a profit of close to 4000 rupees.
Due to poor global cues, nifty future might open gap down.
After gap down open, nifty will try and retrace to 5560 levels.
The trading idea for the day would be to short nifty future in case of gap down open at around 5560
with stop loss 5580 for targets 5540, 5530, 5515, 5495.
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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