Nifty Trading Plan 09-December-2010

NIFTY FUTURE OUTLOOK


           Readers who went short in nifty as written in this column yesterday would have
minted the almighty dollar.




Nifty Market Balance Point : 5929


Nifty resistance: 5971


Nifty breakout: 5986


Nifty breakout targets : 6006, 6020, 6045.


Nifty support : 5888


Nifty break down: 5870


Nifty break down targets : 5845, 5820, 5800




NEXT: A beautiful short

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

Nifty Trading Plan 02-Dec-2010

NIFTY FUTURE OUTLOOK


           Market balance point for nifty future is placed at 5970 for tomorrow.


Supports for nifty are placed at 5945 and 5915.


Break and trade below 5910 will take nifty to 5885, 5850 and 5830.




Resistance for nifty future is placed at 6005 and 6020.


Trading above 6035 will take nifty future to 6065, 6095 and 6120.




NEXT: NIFTY WEEKLY OUTLOOK


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