Monthly Profit Tracker November 2009

Assumptions:

All calculations are based on free recommendations on the blog.

Readers would have traded one contract of stock future and


two contracts of index future.

Calculations do not take into consideration, trades done in


bank nifty future.

Date	Scrip	Trade	Buy	Sell	Quantity	Profit/Loss
11/3/2009	No Trade initiated
11/4/2009	NIFTY	Short	4695	4660	100	-3500
11/4/2009	NIFTY	Long	4679	4711	100	3200
11/5/2009	No Trade initiated
11/6/2009	No Trade initiated
11/9/2009	NIFTY	Short	4780	4820	100	4000
11/9/2009	NIfty	Long	4820	4900	100	8000
11/09/2009	ICICIBANK	Short	840	855	350	5250
11/10/2009	NIFTY	Long	4865	4901	100	3600
11/10/2009	RELCAPITAL	Long	820	841	276	5796
11/10/2009	RELCAPITAL	Long	817	826	276	2484
11/11/2009	NIFTY	Short	4935	4915	100	-2000
11/12/2009	NIFTY	Long	4950	5000	100	5000
11/12/2009	RELIANCE	Short	2075	2140	150	9750
11/13/2009	No Trade initiated
11/16/2009	No Trade initiated
11/17/2009	No Trade initiated
11/18/2009	NIFTY	Long	5035	5080	100	4500
11/18/2009	NIFTY	Short	5035	5080	100	4500
11/18/2009	ABAN	Long	1352	1376	400	9600
11/19/2009	LICHSGFIN	Short	848	900	425	22100
11/19/2009	NIFTY	Short	4960	5033	100	7300
11/19/2009	STER	Short	842	872	438	13140
11/20/2009	No Trade initiated
11/23/2009	No Trade initiated
11/24/2009	NIFTY	Long	5050	5100	100	5000
11/25/2009	HDIL	Short	316	339	774	17802
11/25/2009	NIFTY	Long	5095	5135	100	4000
11/26/2009	NIFTY	Long	5098	5080	100	-1800
11/26/2009	NIFTY	Short	4980	5080	100	10000
11/27/2009	No Trade initiated
11/30/2009	NIFTY	Short	5036	5010	100	-2600
11/30/2009	NIFTY	Long	5036	5070	100	3400
11/30/2009	SBIN	Short	2230	2280	132	6600
						145,122
	Net Profit	One Lakh Forty Five Thousand One Hundred Twenty Two Rupees

Indian Stock Market Today 30 November 2009 (Nifty , BankNifty and stocks)

Nifty

Short Level

Short nifty future at 5011 with stop loss at 5036 for targets 4880, 4805, 4765.

Long Level

Nifty future crossing and trading above 5036, may move to 5065 and 5120.

SBIN - Trading pick




SBI should run into huge reistance at 2280 level today. If SBIN is unable to trade above 2280 with volumes,
it may move down to 2195 and 2135 today. Opening highs may be maintained as stop loss for this short trade.

BANKNIFTY trading levels




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.

Dow Jones Technical Analyis

I had writen in http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

that 10420 to 10500 will be supply zone for dow as per charts. See where dow reversed from :-)

For Dow short term trend to move to positive now, a close above fibonacci resitance zone of 10569 is absolutely

essential. Will the bulls be able to pull that one off ?? Only time will reveal.

For now Dow looks all set to attain logical targets of 10105, 9773 and 9845 in the coming week.

As mentioned earlier, only a close above 10569 will turn the short trend back to positive for dow.

Disclaimer : This is not a recommendation/ solicitation of any order to buy or sell, but Jerry's view on 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 Indian Stock market - Nifty and Other stocks

Link to last week's outlook : Click Here

Nifty future closed at 4946.30 this week. This level will be critical all next week. Failing to trade above this level with volumes,

Bears can knock the wind out of nifty and knock it down to 4790, 4700 , 4610.

Trading above 4946 nifty can move to 5040, 5140, 5210.

SBIN looks the most interesting stock to trade next week. Watchout for trading recommendations in daily write up.

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.

Dubai Crisis - All you need to know

What is Dubai Crisis

UAE's largest corporation, Dubai World Conglomerate has asked for agreement for 6 months delay

in repayment on it's close to sixty million dollars of debt. Default by Dubai on payment of the debt could trigger

off the next set of bankruptcies, and since Dubai is well connected to other financial centers of the world it

could easily boil over into something huge. As it is the festival of Id , no information is forthcoming which is making the

whole financial world fidgety.

What is the reason of this crisis

Dubai real estate, fuelled by cheap loans and inflow of foerign invesments created a bubble over

the last five years. Now home prices in Dubai have plummetted to 60% their peak value in 2008.

On this note, yesterday on a TV channel one analyst was seen remarking that Dubai crisis will fuel

Indian real estate market. Well is the existing bubble in Indian real estate market not sufficient ???

Why it affects India and other parts of the world

Do you remember what was the starting point of 2008 crisis ? Iceland debt crisis.

Dubai firms have huge real estate investments in major cities around the world. There is huge

Indian population in Dubai. Any trouble will start off a huge unwinding in real estate, which will

drive the asset values even lower across the globe thus signalling the end of any recovery from

the recent recession.

What next ?

There are talks that Abu Dhabhi, which is rich in oil, and which continues to enjoy

a real estate boom and is financially strong, will bail out Dubai. However due to holy festival

of Id, no information is forthcoming .

What should we do ?

As investors, we should watch for information coming out of ther region.

Avoid making decisions based on TV analysts. Always make your own decisions to buy and sell.

If a crash happens, look for value stocks which have strong fundamentals.

If crash doesnt happen, look for growth stocks and new oppurtinites stocks.

Always remember, every stock has an intrinisic value, which will be visted repeatedly ,

as the market makes its waves.

Stock Market Today 27-November-2009 Nifty, bank nifty and stocks

RECAP

Nifty opened near long level and after a small upmove triggered the long stop loss.

Readers who went short below 5080 would have printed out the almighty dollar as nifty

crashed to 4976 from short level. Did anyone say trading is difficult on expiry day?

Not for readers of Jerry Technicals.

Nifty

Short Sell Level

Short nifty future around 5015 with stop loss at 5040 for targets 4980, 4910, 4855.

Long Level

Nifty future crossing and trading above 5040 with volumes may move to 5090, 5125, 5150.

Bank Nifty Trading Levels

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.

Stock Market Today 26-November-2009 Nifty Outlook, Expiry

RECAP

Readers would have made reasonable money in nifty future long as it moved to
second target of long. As expected it traded in a narrow range yesterday. But
our long level captured all but 15 points of the narrow range. On the other hand STER,
traded mostly above 865, thereby ruling out the short trade. Readers who went short in HDIL
based on the levels given would have minted the almighty dollar as it fell from 339.50(340 was
the short level) to 316 in a straight line. More than 17,0000 rupees on a single lot.

Nifty

Long Level

Buy nifty future at 5098 with stop loss at 5080 for targets 5125, 5150, 5180.

Short Level

Trading below 5080 with volumes nifty may move to 5028 and 5000.

There are no Bank Nifty Levels.
There are no stock recommendations, being expiry day.


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.

Stock Market Today 25 November 2009, Nifty Outlook and Sterlite trading idea

RECAP

Nifty made low spot on at 5050 which coincidentally happened to be our buy level.

Readers would have minted the almighty dollar as it rocketed to first target.

Although HDIL broke 336, it did not retrace to our short level.

It is important to note here, as many readers might have observed, how nifty is panicking near our

weekly pivot level of 5090.

Nifty

Short Level

Nifty future breaking 5070 short with stop loss at 5095 for targets 5035, 5007, 4985.

Long Level

Trading above 5095 with volumes nifty future can move to 5120 and 5135.

Sterlite Industries (STER)

Sterlite is looking weak on charts. 865 will be critical level for STER tomorrow.

If sterlite is unable to trade above 865 with volumes, it becomes a short with stop loss at 872

for targets 841, 827, 816.

There are no trading levels for BNF 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.

Stock Market Today 24 November 2009 - Trading Nifty, Bank Nifty and Stocks

RECAP

Both nifty and sterlite did not trigger trading levels yesterday.

But Bank nifty gave a beautiful short oppurtunity right at opening bell

and fell to PIVOT level, a neat profit of more than 120 points per lot.

NIFTY

Long Level

Buy nifty future at 5050 with stop loss of 5020 for target 5100, 5135, 5170

Short Level

Short .nifty future at 5170 with 5200 as stop loss for targets 5125, 5100, 5070

HDIL

HDIL future breaking 336, short on retracement to 340 with 344 as stop loss for targets 328, 318.

Bank Nifty trading levels

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.

Stock Market Today - Nifty, Bank Nifty 23 November 2009

Nifty Future

Buy nifty future around 5015 with stop loss at 4985 for targets 5085, 5125, 5175.

Breaking 4985 short on retracement to 5000 with 5020 as stop loss for targets 4940,

4915, 4875.

Bank Nifty Future Trading Levels

Intersting Links:

Trade in Sterlite

Nifty Weekly Analysis

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.

Technical Analyis of Sterlite Industries for 23 November 2009

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 Weekly Outlook

Weekly Nifty Outlook

The key level to watch on nifty this week will be 5090.

Trading above this level, nifty will scale the heights of 5125, 5160 and 5280.

However if nifty is unable to sustain 5090 , bears will slaughter nifty to the extent of 4895, 4825 and 4750 this week.

HDIL

HDIL looks the most interesting stock to trade next week.

Look out for my daily stock market outlook for trading levels for HDIL

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.

30 thousand hits - Site Traffic

Readers,

It has been a great journey. 30,000 hits on the site completed.

Thank you.

Stock Market Today - RECAP

A great trader is someone who waits and waits like a tiger and makes a killing

at the right time --- Someone Wise.

Last 3 days we waited and waited and today we went for the kill just lke the

hungry tiger in question.

Readers of the blog would have printed out the almighty dollar in nifty short

as it fell to second target of short.

Those who traded the short recommendation of STERLITE would have been richer

by twenty thousand rupees minimum even with one lot of STER.

Those who followed me on twitter and those who remembered my 901 level on LIC Housing

would have printed out the almighty dollar as it fell to 848. If you remember, my one and only target

was 846. (Link: http://jerrytechnicals.blogspot.com/2009/11/stock-market-today-nifty-bank-nift-and.html )

Over the oceans, Dow Jones is struggling to cross the Ultimate Fibonacci zone of 10420 - 10500.

Link to DowJones Technicals :http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

Stock Market Today - Trading ideas for nifty, bank nifty and indian stocks

Nifty Future

Nifty future breaking 5033 short with 5057 as stop loss for targets 4985, 4960, 4940.

After triggering short, if nifty crosses 5057, nifty will move to 5100 and 5130.

STERLITE

Short STER future at 871.70 with stop loss at 879 for targets 852, 844, 832.

Crossing 879 stock will move to 885 and 891.

Bank Nifty Trading Levels

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.

Stock Market Today - RECAP

As i had writen, nifty went zig zaggin all through out the day.

It took support exactly near 5030 and moved up before succumbing to resistance at 5090.

ABAN rocketed to 1376 from 1352 a whopping 10k gain in a matter of minute even with

one lot. LIC housing did not perform at all.

Commodity levels given for this week (http://jerrytechnicals.blogspot.com/2009/11/commodities-this-week-gold-silver-crude.html)

are turning out be golden levels in crude oil , gold and silver. In strong bullish moves which coincidentally (:-)) started

from S1 level, crude has hit R2, Silver is above R4 and Gold is just 80 rupees shy of R4. Quite amazing.

Stock Market Today - Nifty , bank nifty and stock outlook

Nifty Future

There could be again zig zag movement in market today.

In case a of huge gap up, short nifty future around 5090 with stop loss at 5125

for targets 5035, 4980, 4950.

5030 is strong support for today. Breaking and trading below that level with volumes,

Bears will pound nifty.

In case market takes support at 5030, nifty can even move upto 5175 level today.

If support comes along at 5030, one may go long there with a stop loss of yesterday's low of 5006 .

LIC Housing Finance

LIC Housing presents an interesting chart study with a possible range expansion.

If today after a gap up LIC future is not able to hold 901 with volumes, short with opening highs as stop loss

for a target of 846.

ABAN

If ABAN future trades above 1352 with volumes go long with opening lows as stop loss for a target of

1465 and 1505.

Bank Nifty Trading Levels

Oversold Level - 8800

S1- 9150

S2- 8940

PIVOT - 9295

R1- 9350

R2 - 9390

Overbought Level - 9440

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.

Stock Market Today - Flashback

Flashback

As i had writen, it was a very difficult day indeed to trade.

I had writen on twitter to watchout for axis, relcapital and relinfra.

Out of these relcapital was outperformer by a long way. It just rocketed on the upside.

RELINFRA also rocked on the upside.

AXISBANK was a dud.

Yesterday night dow made a high of 10430, just i like i had writen in

http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

As expected, dow has met with stiff resistance in the supply zone.

Stock Market Today 17 November 2009 Index and stock picks

Flashback

It was a insipid day for trading as both nifty index and stocks were stuck in a narrow trading range.

Bank nifty on the other hand, offered a beautiful long trade from R1 to R3 level.

Nifty Trading Levels

Tomorrow could be yet another tricky day for trading. Hence there are no trading recommendations for

tomorrow.

Key resistance for tomorrow is at 5095. Crossing this level with volumes, nifty can move up to 5115 and 5133.

However unable to trade above 5095 means index can correct to 5055 and 5020.

Bank Nifty Trading Levels

Note on Axis Bank : 987 remains as Stop Loss for Axis

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.

Stock market today 16-November-2009 - Nifty and indian stocks outlook

Nifty Future

Short Level

Short sell nifty future at 5041 with stop loss at 5065 for targets 5010, 4985, 4960.

Long Level

Buy nifty future at 4960 with stoploss at 4940 for targets 5010, 5040, 5080.

Bull Pick - Axis Bank

Axis bank looks bullish on chart. Go long in axis bank future around 995 with a stop loss of 987 for targets

1030, 1050, 1060.

Trading Levels for Bank Nifty Future

Link to weekly analysis of gold, silver and crude oil :

http://jerrytechnicals.blogspot.com/2009/11/commodities-this-week-gold-silver-crude.html

Link to analyis of dow jones index

http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

My near term view on nifty

http://jerrytechnicals.blogspot.com/2009/11/nifty-technical-analysis.html

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.

Commodities this week Gold, Silver, Crude oil , Bullion, MCX

Crude Oil MCX

Last week crude oil reversed from R2 level of 3735 and fell all the way down till S2 level of 3520.

A whopping 200 points profit in just 2 days.

This week, crude levels are based on NEXT month contract as current month future will expire on

the 19th of november.

Silver MCX

Gold MCX

Link to technical analyis of nifty: http://jerrytechnicals.blogspot.com/2009/11/nifty-technical-analysis.html

Link to technical analyis of dow jones : http://jerrytechnicals.blogspot.com/2009/11/technical-analysis-dow-jones-djia.html

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 Technical Analysis

I had writen last week that crossing 4865 nifty will cross the previous high. It looks all set to do so.

This week 5051 will be the key level to watch out.

Crossing and trading above this level with volumes, nifty looks all set to reach 5170, the first and

obvious target of the up move from 4531. Above 5170 the next targets are 5230 and 5290.

4900 remains the level to watch out for on the down side. Breaking and trading below this level

with volumes, bears can push the index down to 4800, 4740, 4650 levels.

Axis bank looks the most interesting stock on weekly chart.

Look out for axis bank in stock market today write up.

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.