Sunday, January 23, 2011

Indian Stock Market Weekly Outlook

Nifty Future Weekly Outlook


The market balance point for nifty future is placed at 5730.


Supports for nifty future are placed at 5685 and 5670.


Break down level is 5664.


Break down targets are 5636, 5607 and 5577.










Resistances are placed at 5762 and 5780.


Break out level is 5801.


Break out targets are 5830, 5855 and 5870.




NEXT: Taking stock






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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