NIFTY FUTURE OUTLOOK
What a move by bulls.
On huge FII buying yesterday nifty and sensex went through the roof.
Nifty exactly moved up from pivot level mentioned in yesterday's article.
For today's trading nifty future pivot has moved to 6249.
Resistance is at 6288 and above 6304 nifty will rocket to 6340 and 6380.
Reversal from resistance will take nifty to 6249 and 6210.
For nifty to be in negative zone, it must break and trade below 6194.
Doing so nifty will correct to 6140 and 6120.
NEXT: NIFTY FUTURE SOARS FROM PIVOT
SPECIAL: Coverage of IDFC infrastructure bonds
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
Thursday, October 14, 2010
Nifty Trading Plan 14-October-2010
Labels:
benfits,
BSE,
IDFC,
IFCI,
INCOME TAX,
INFRA BOND,
INFRASTRUCTURE,
interest rate,
Live nifty future,
long term investment,
Nse,
return,
series
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment