Nifty future traded as per our expectations last week.
For the week ahead Market Resting Point is at 6085.
Resistance for nifty is at 6125 - 6150 zone.
For nifty to trade in positive territory it must break and trade above 6175.
In such a case nifty future will move to 6215, 6245 and 6280.
Support zone for nifty future is 6030 - 6010.
Break and trade below 5985 will indicate trouble for bulls and nifty future will drop to
5940, 5905 and 5860.
NEXT: Zen and the art of Trading
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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