Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 18-FEB-2011




Market balance point: 5510


Supports: 5495, 5480


Breakdown level: 5465


Breakdown targets: 5445, 5425.


Breakout targets: 5585, 5605, 5630




NEXT: Tatasteel

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

Indian Stock Market Weekly Pick

TATASTEEL - LOOKING GOOD

               Tatasteel will have strong support at 600 level.


Breakdown level is 585. Long targets are 615, 640 and 650.


On the other hand break of 585 will lead to 570, 560 and 550.




NEXT: Nifty 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