Nifty Trading Plan 23-November-2010

NIFTY FUTURE OUTLOOK


          Readers of the blog would have minted the almighty dollar as nifty moved from


5925 to 6025 exactly as written in this column yesterday. Those who missed the article can access it 


here.


Market Balance point for nifty future is placed at 6005.


Nifty future will have resistance at 6030 and 6050. Trading above 6065 will take nifty future to 


6095, 6125 and 6140.


Nifty future support is placed at 5975, 5959. 


Break below 5940 will induce correction and nifty will move down to 


5910, 5875, 5855.




NEXT: NIFTY WEEKLY OUTLOOK

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