Readers of the blog would have minted the almighty dollar in yesterday's trade in nifty future
as it moved from support to resistance level and reversed from resistance level and hit BD level
as mentioned in yesterday's column.
A wild ride of profits for the aspiring reader.
6051 is the Market balance level for nifty future.
Reversal from 6051 will take nifty future to 6030, 6010 and 5990.
Below 5990, nifty will crash like nine pins to 5925 which is the swing target.
However trading above Market balance level of 6051 will take nifty future
to 6080, 6105, 6125 and 6145.
6145 - 6150 zone will act as strong resistance for nifty future in the coming days.
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
NEXT: A perfect expiry
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