Nifty future traded exactly as written in this column last week.
Readers who missed the article can access it here.
What is in store for traders next week? Let us examine with the help of charts.
Nifty future balance point is placed at 5890.
Nifty will get resisted at 5940 - 5960 next week.
5990 is the break out point for next week.
Break out targets are 6070, 6150, 6230.
5845 is the support for nifty next week.
5805 is the second support for nifty future for next week.
Trade below 5800 will take nifty future to 5725, 5675 and 5630.
NEXT: when bulls ruled the roost
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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