Sunday, September 5, 2010

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK



Nifty future pivot is placed at 5465 this week.


5500 will be huge resistance in the coming week.


If nifty is able to cross and trade above 5510, it will move to 5535, 5555 and 5575.


Support for nifty future is placed at 5433 this week.


However break and trade beloe 5419 will induce a trend change in nifty,


In such a case, nifty future will move to 5395, 5370 and 5350.


NEXT: Best of last week


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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