Tuesday, August 25, 2009

Itz vaccation time

Flashback


On a day of heightened by volatility where most traders would have got caught, readers of the blog would have made superb money in short as nifty fell down to second target.


Olaaaa Vaccation time.........See you in two weeks ( Will be back on 7th September). Have a good time folks !!!!!!!!!!!!!!!!!!!!


DSC00169.jpg

Monday, August 24, 2009

Nifty Outlook 25-August-2009

Flashback


Readers would have booked a small loss today as nifty triggered stoploss on an insipid day for trading.


Bull Level


Nifty future crossing 4680 buy on retracment to 4660 with stoploss at 4633 for targets 4715, 4735, 4750


Bear Level


Nifty future breaking 4635 short on retracment to 4660 with stoploss at 4680 for targets 4600, 4580, 4560.


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.

Nifty Outlook 24-August-2009

Bear Level


Short nifty future around 4638 with stoploss at 4660 for targets 4550, 4520, 4480, 4400.


There is no bull level for today.


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.

Sunday, August 23, 2009

Weekly Index Outlook 24th August 2009 till 28th August 2009

Last Week's weekly levels were again spot on


Nifty


Weekly Resistance Levels


R5 4770


R4 4700


R3 4640


R2 4595


R1 4550


Weekly Support Levels


S1 4440


S2 4340


S3 4230


S4 4180


S5 4130



Bank Nifty


Weekly Resistance Levels


R5 7800


R4 7700


R3 7640


R2 7530


R1 7430


Weekly Support Levels


S1 7202


S2 6985


S3 6760


S4 6650


S5 6550



Thursday, August 20, 2009

Nifty Outlook 21-August-2009

Flashback


Nifty triggered stop loss and crashed down


Bull Level


Nifty future crossing 4505 buy with 4480 as stoploss for targets 4545, 4565, 4590.


Bear Level


Short nifty future around 4485 with stoploss at 4505 for targets 4435, 4400, 4375


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.

Wednesday, August 19, 2009

Nifty Outlook 20-August-2009

Flashback


Nifty triggered short level and crashed to almost last target given.


As usual readers would have printed out the almighty dollar.


Bull Level


In case of flat opening buy nifty around 4355 with stoploss at 4325 for targets 4390, 4410, 4455.


Bear Level




1) Short nifty at 4460 with 4495 as stoploss for targets 4410, 4390, 4330.


2 ) In the scenario of nifty future breaking 4325, short on retracement to 4355 with stoploss at 4390 for targets 4295, 4250, 4230.


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.

Tuesday, August 18, 2009

Nifty outlook 19-August-2009

Bull Level


In the scenario of nifty future crossing 4490 buy on retracement to 4450 with stoploss at 4420 for targets 4510, 4550, 4590.


Bear Level


In the scenario of nifty future breaking 4420 short at retracment to 4460 with stoploss at 4490 for targets 4400, 4355, 4325


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.

Monday, August 17, 2009

Nifty Outlook 18-August-2009

Bear Level


In the scenario of nifty future breaking 4320 short on retracement to 4365 with stoploss at 4400 for targets 4300, 4280, 4255


Bull Level


Buy nifty future at 4250 with stoploss at 4215 for targets 4280, 4300, 4325.


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.

Sunday, August 16, 2009

NIFTY OUTLOOK 17-AUGUST-2009

Bear Level


In the scenario of nifty future breaking 4545 short on retracement to 4560 with 4580 as stop loss for targets 4520, 4505, 4485


Bull Level


In the scenario if nifty future crossing 4580 after triggering bear level, buy at retracement to 4560 with stop loss at 4545 for targets 4595, 4610, 4635.


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.

WEEKLY INDEX OUTLOOK 17-AUG-2009 TILL 21-AUG-2009

Last week's weekly levels would have proved extremely useful for readers.



Nifty low was spot on at S3.


Bank nifty performance was even more stupendous . It took support at S5 and moved a whopping 500 points.


RIL moved sidways last week, but again within levels given.


Nifty


Weekly Resistance Levels


R5 4770


R4 4700


R3 4685


R2 4650


R1 4565


Weekly Support Levels


S1 4500


S2 4440


S3 4370


S4 4300


S5 4200



Bank Nifty


Weekly Resistance Levels


R5 7800


R4 7700


R3 7630


R2 7560


R1 7420


Weekly Support Levels


S1 7263


S2 7140


S3 6900


S4 6700


S5 6600


Thursday, August 13, 2009

Nifty Outlook 14-August-2009

Flashback


Fibonacci time zone confluence is making its mark.


Although both RIL and nifty achieved bullish targets, both did not give buy oppurtunity.


Bear Level


Short nifty future around 4635 with stoploss at 4650 for targets 4575, 4540, 4520, 4495.


Bull Level


In the scenario of nifty future crossing 4650 buy on retracement to 4625 with stoploss at 4595 for targets 4685, 4705, 4730.


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.

Wednesday, August 12, 2009

Nifty Outlook 13-August-2009

Flashback


The fibonacci time confluence did take place, but unfortunately, long stop loss was triggered in the process.


Bull Level


Buy nifty future around 4445 with stop loss at 4410 for targets 4505, 4535, 4565, 4600.


Bear Level


In the scenario of nifty future breaking 4410 , short at retracment to 4440 with stop loss at 4465 for targets 4390, 4350, 4320, 4290.


Sultan of Stocks - Bears in trouble


See the low of RIL today and weekly level here.


For tomorrow trading buy RIL around 1965 with stop loss at 1941 for targets 1995, 2025, 2045.


In the scenario of RIL breaking 1941 short on retracement to 1958 with stop loss at 1978 for targets 1925, 1905, 1890.


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.

Tuesday, August 11, 2009

Nifty outlook 12-August-2009

Flashback


Readers would have booked a loss today in nifty short as nifty triggered the stoploss before nose diving.


Tomorrow is a key fibonacci time zone confluence date for uptrend.


Bull Level


Buy nifty future at 4416 with stoploss at 4380 for targets 4460, 4500, 4535, 4560, 4590.


As i am die hard follower of fibonacci time zones, there is NO bear level for tomorrow.


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.

Monday, August 10, 2009

Nifty Outlook 11-August-2009

Flashback


Readers would have printed the almighty dollar in nifty short today as nifty from short level fell all the way down to 4 th target.


Note the nice way in which weekly levels are working. Weekly levels can be accessed here


Bear Level


Short nifty future around 4475 with stoploss at 4510 for targets 4400, 4355, 4325, 4305.


Bull Level


Buy nifty future around 4300 with stoploss at 4265 for targets 4340, 4380, 4425.


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.

Sunday, August 9, 2009

Nifty Outlook 10-August-2009

Bear Level


Short nifty future at 4547 with 4564 as stoploss for targets 4503, 4450, 4415, 4390.


Bull Level


Buy nifty future around 4390 with stoploss at 4345 for targets 4450, 4485, 4503, 4545.


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.

Weekly Outlook 10-August-2009 till 14-August-2009

Weekly Outlook post format is undergoing change. Do leave your opinion on the new format.


Nifty


Weekly Resistance Levels


R5 4771


R4 4739


R3 4670


R2 4600


R1 4542


Weekly Support Levels


S1 4428


S2 4400


S3 4341


S4 4299


S5 4271



Bank Nifty


Weekly Resistance Levels


R5 7763


R4 7632


R3 7569


R2 7499


R1 7404


Weekly Support Levels


S1 7263


S2 7197


S3 7123


S4 7104


S5 6942


Reliance - King of Stocks


Weekly Resistance Levels


R5 2199


R4 2161


R3 2123


R2 2085


R1 2057


Weekly Support Levels


S1 1975


S2 1949


S3 1910


S4 1860


S5 1800



Last week's outlook


Last week's profit tracker


Thursday, August 6, 2009

Nifty Outlook 07-August-2009

Bear Level


Short nifty future around 4645 with 4670 as stoploss for targets 4590, 4555, 4510, 4490.


Bull Level


In the scenario of nifty future crossing 4690 buy at retracement to 4670 with 4640 as stoploss for targets 4710, 4740, 4775.


Bear Pick - Renuka Sugars



Renuka appears to have made a short term top on charts. For tomorrow trading short renuka at retracement to


184 with stoploss at 191 for targets 173, 168, 165


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.

Wednesday, August 5, 2009

Nifty Outlook 06-Aug-2009

Flashback


Nifty triggered both long as well as short stoploss levels mentioned today,


As a result, there are no trading level recommendations for tomorrow.

Tuesday, August 4, 2009

Nifty Outlook 05-August-2009

Flashback


http://jerrytechnicals.blogspot.com/2009/08/nifty-outlook-04-aug-2009.html


Nifty rocketed 48 rupees from buy level in an otherwise dull day for trading.


Bull Level


Buy nifty future at 4660 with stoploss at 4635 for targets 4695, 4725, 4760.


Bear Level


In the scenario of nifty future breaking 4635 short at retracement to 4650 with stoploss at 4675 for targets 4615, 4590, 4575.


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.

Monday, August 3, 2009

Nifty Outlook 04-Aug-2009

Flashback


http://jerrytechnicals.blogspot.com/2009/08/nifty-outlook-03-august-2009.html


Nifty future low - 4612


Nifty future high - 4730


Need i say more? Let me just say we started august calendar with a bang.


Even 100 shares of nifty would have given reader a profit 11000 + rupees.


Bull Level


Buy nifty future around 4650 with 4623 as stoploss for targets 4710, 4730, 4755.


Ignore this trade if nifty gaps up or moves to short level first.


Bear Level


Short nifty future at 4757 with stoploss at 4791 for targets 4710, 4650, 4625, 4595.


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.

Sunday, August 2, 2009

Nifty Outlook 03-August-2009

Bull Level


Buy nifty future at 4610 with stoploss at 4590 for targets 4655, 4700, 4730.


Bear Level


Breaking 4590 short nifty future at retracement to 4610 with stoploss at 4635 for targets 4585, 4560, 4530.


Links


Weekly Oulook


Monthly Profit Tracker


Weekly Profit Tracker


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.

Weekly Index Outlook 03-August 2009 - 07-august-2009

Link to last week's weekly index outlook


Nifty


On the bullish side nifty will attempt to scale 4660 and 4760 this .week.


On the bearish side, inability to trade above the first resistance can take nifty down to 4555, 4495, 4430 this week. Closing below 4430 will open way for further downside to 4390, 4290 and 4220.


Sultan of Stocks - Reliance


RIL will have huge resistance at 1995 this week. Inability to close of 1995 will drag RIL down to 1911 and 1885. Closing below 1885, downside targets will be wide open for RIL to the tune of 1860, 1820, 1770, 1745.


King of Banks - SBIN


On the bullish side SBI can move to 1860 and 1940 this week.


On the bearish side, first signifant support will come in at 1780. Close below 1730 will make SBI weak and open up targets of 1650 and 1620.

World Markets (delayed)