Market Outlook Dec 28 2010

Posted by StockplusIndia | 8:46 AM | | 0 comments »


Key benchmark indices edged lower in volatile trade after a weekend interest rate hike from China pulled stocks in China and Europe lower








Next Trading Day:
Protective stop = 6023
Trading Range ----> High = 6032 Low = 5957

Next Day Pivot Point ----> 6011

The [R3] or the most extreme high trading range is 6086
The [R2] or the extreme high trading range is 6066
The [R1] or the high trading range is 6032
The [P] or pivot point is 6011
The [S1] or the low trading range is 5977
The [S2] or the extreme low trading range is 5957.
The [S3] or the most extreme low trading range is 5922.

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