Nifty Trading Plan 08-October-2010

NIFTY FUTURE OUTLOOK


      Nifty future reversed from pivot level mentioned in this column yesterday 


and then crashed to short targets. 


For tomorrow's trade Nifty future pivot is moved to 6157.


Support level is 6115. Break and trade below 6100 will be disastrous for nifty and 


it will move down to 6085, 6060 and 6040.


Resistance level for nifty is at 6195. For nifty to trade in positive zone it must 


cross break out level of 6207.


In doing so nifty will move to 6230 and 6255.




NEXT: 'Precisionfull' target


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