Thursday, July 16, 2009

Nifty Outlook 17-June-2009

Flashback


Nifty high was 4291 which happened to be nifty short level too. Readers would have enjoyed the fall till buy level of 4205, from where


readers would have enjoyed the ride to 4270.


Bear Level


Short nifty future at 4237 with 4265 as stoploss for targets 4175, 4135, 4080.


Bull Level


Buy nifty future at 4080 with stoploss at 4050 for targets 4135, 4175, 4200.


King of banks - SBI - Only for Bears



SBI has reversed from weekly resistance level.


For friday trading short SBI at 1621 with stoploss at 1638 for targets 1580, 1555, 1520


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.

2 comments:

vishal said...

Sir,

Do you provide full time service also??? I mean service during market hours.

Please mail me on vishalnarmada@gmail.com.

Thanks,
Vishal

Anonymous said...

dear jerry,
been following your blog for a while and I must say your technical perspective has been impeccable,and truely precise to the point.Must confess that I have benefited(printed the almighty dollor) immensely from your reflections on Nifty and select stocks,so much so that I don't enter any trade without viewing your blog for the day,thanks a million for sharing your views,regards,
drsmathew

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