Monday, October 11, 2010

Nifty Trading Plan 12-October-2010

NIFTY FUTURE OUTLOOK


          Nifty future high was the resistance level and low was pivot level as mentioned in yesterday's 


article. Those who missed it can access it here


For tomorrow's trading nifty future pivot is placed at 6160.


Resistance will come in at 6200. 


Trading above 6216 will induce bullishness and index will move to 6235, 6250 and 6270.


Support for nifty is in the 6130 - 6120 region. 


Break and trade below 6105 will make nifty correct to 6090, 6070 and 6040.




NEXT: Coverage on IDFC Infrastructure bonds

Weekly outlook nifty future


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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