Monday, October 19, 2009

Nifty Outlook 20 October 2009

Bull Level




Buy nifty future at 5110 with stop loss at 5080 for targets 5170, 5195, 5215




Bear Level




Nifty future breaking 5080 short sell with stop loss at 5110 for targets 5045, 5020, 5000.




Sultan of stocks







For tuesday trading buy RIL future at 2185 with stoploss at 2165 for targets 2215, 2245, 2285.






Trading levels for Bank Nifty Future





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.












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3 comments:

Rahul said...

Thanks jerry for your levels in bank nifty they are really good. I would also like to know if you could write a line as you write for nifty for bank nifty it will guide me more.

Is there a specif way to calculate this. If I would also like to calculate this for other stocks please guide how to.

Jerry Technicals said...

Hi Rishav,
Thanks for the apprecaition. The reason why the levels work is ofcourse the special way in which they are calculated, which is as you might have guessed is intellectual property of jerrytechnicals. The levels are derived manually by studying 15 and 30 minute intraday chart.

Jerry

Rahul said...

Okay jerry, So if posible can u post something fo commodity also in gold. since i understand that you also trade in it.
would you please advise how can learn to create like these pivots.

rgds
rahul goel

World Markets (delayed)