Flashback
Nifty nose-dived 50 points from 4608 which was near short level of 4620.
Bull Level
In the scenario of nifty future crossing 4625 buy at retracment to 4610 with stoploss at 4585 for targets 4650, 4665, 4680.
Bear Level
In the scenario of nifty future breakin 4515 short at retracement to 4525 with stoploss at 4547 for targets 4495, 4480, 4465.
JP Associates - Looking Good
For tomorrow trading, buy JP at retracement to 236 with stoploss at 231 for targets 246 - 254 - 257
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:
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
Dear drsmathew,
Thank you for taking time to post your kind words.
--Jerry.
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