Indian Stock Market Daily Outlook

Nifty Future Outlook 03-JUN-2011


Readers who short sold nifty future as per levels given yesterday would have made a profit of 2000 rupees.


Trading idea for today:


Short Sell nifty future around 5570 with stop loss of 5590 for targets 5545, 5530, 5513.




NEXT






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

Commodities Trading Level - November 2nd week

Trading Level for Crude Oil MCX

Crude stayed within the levels given last week.

Weekly oversold level - 3420

Weekly overbought level - 3960

Trading Level for Silver MCX

Silver rocked as per levels given last week and moved from S1 level to almost R3 level.

Trading Level for Gold MCX

Gold moved up without control last week .