Wednesday, October 27, 2010

Nifty Trading Plan 27-October-2010

NIFTY FUTURE OUTLOOK


        For today's trading Market Balance Point is placed at 6110.


Resistances for nifty future are placed at 6130, 6148.


If nifty breaks and trades above 6165 , it should be considered a breakout and nifty will 


rock to 6195 , 6225 and 6240.


Supports for nifty future are placed at 6090, 6072.


Break and trade below 6055 indicates trouble for bulls and nifty will correct to 


6025, 6000 and 5988.




NEXT: Thrill of money


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

3 comments:

Anonymous said...

And the market rebounded from the 5988 level. Naice work! :)

Anonymous said...

Hats off to You Jerry Sir!!!

Fantastic levels!!! Awsome!!!

Your HDFCBank and ACC calls rocked.

Please continue to give such weekly stock calls.

You Rockkkkkkkkk.........

Divyesh

Jerry Technicals said...

Thank you for the appreciation guys.

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