Tuesday, June 7, 2011

Indian Stock Market Daily Outlook

NIFTY OUTLOOK 07-JUN-2011


Readers who went long as per my level yesterday would have booked close to 7000 rupees profit in 2 lots of nifty future.


Today's trading idea would be:


Buy nifty future around 5500 with stop loss of 5485 for targets 5515, 5530, 5550.


Reversal targets: 5470, 5460, 5430.




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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