Wednesday, September 22, 2010

Nifty Trading Plan 23-September-2010

NIFTY FUTURE OUTLOOK


          Readers would have minted the almighty dollar as nifty reversed exactly from our resistance level and crashed like nine pins before a late recovery in the second session.


Tomorrow nifty will face resistance at 6038 level.


Trading above 6053 will restore the bull run and index will power itself to 6085 and 6110.


Pivot level is placed at 6000 for tomorrow.


Nifty future will find nice support at 5965.


5948 is the key level to watch on downside.


Trading below this level nifty will correct to 5920, 5900 and 5875.


NEXT: Is 6047 some level or what ?






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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