What is in store in the first trading week of 2011?
Let us have a look with charts.
Nifty balance point for the week is 6140.
Key supports for the week are 6095 and 6065.
Break below 6040 will lead to 6000, 5975 and 5945.
Key resistance for the week are 6185 and 6210.
Break out level for the week is at 6236.
Targets are 6280, 6295 and 6325.
As usual we will track nifty every day in this column.
Join us next week.
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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