NIFTY FUTURE OUTLOOK (01-FEB-2011)
What a day for readers of JerryTechnicals !!!!
Nifty future bounced exactly from support mentioned.
CADILA cracked exactly from short level and crashed to 780 in 1 hour flat.
Any avid reader would have clocked a profit of 30,000 rupees within 3 hours of market open.
For tomorrow's trading, nifty future balance point is placed at 5510.
Supports are placed at 5480 and 5465.
Breakdown level is placed at 5450.
Breakdown targets are 5426, 5401 and 5375.
Resistances are placed at 5535, 5550.
Breakout level is 5565.
Breakout targets are 5590, 5615 and 5640.
NEXT: CADILA makes waves
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
What a day for readers of JerryTechnicals !!!!
Nifty future bounced exactly from support mentioned.
CADILA cracked exactly from short level and crashed to 780 in 1 hour flat.
Any avid reader would have clocked a profit of 30,000 rupees within 3 hours of market open.
For tomorrow's trading, nifty future balance point is placed at 5510.
Supports are placed at 5480 and 5465.
Breakdown level is placed at 5450.
Breakdown targets are 5426, 5401 and 5375.
Resistances are placed at 5535, 5550.
Breakout level is 5565.
Breakout targets are 5590, 5615 and 5640.
NEXT: CADILA makes waves
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
No comments:
Post a Comment