Friday, November 12, 2010

Nifty Trading Plan 12-November-2010

NIFTY FUTURE OUTLOOK


                   Readers of the blog would have minted the almighty dollar 


as nifty future reversed exactly from the level given and crashed to achieve


both targets given. Those who missed out the article can access  it here.




Market Balance point for today's trading is placed at 6215.


6188 and 6172 are strong supports for nifty today.




Break below 6155 will induce trouble, and nifty could move down to 6130, 6105.




On the upper side, 6245-6255 will offer strong resistance. 


Break above 6275 will bring back positiveness and nifty will move to 


6300 and 6325.




NEXT: POWER GRID FOLLOW ON PUBLIC OFFER



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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