Nifty Outlook 01-September 2010

NIFTY FUTURE TRADING PLAN

Readers who went short in nifty as per yesterday's column would

have minted the almighty dollar as nifty reversed from pivot level

and fell all the way to first target.

Pivot level for tomorrow is placed at 5380.

Support will come in at 5360.

Reversal from support or pivot level will take nifty future to 5425 which will

act as resistance for nifty.

Trading above 5441 will induce a change in nifty trend and bulls will nifty to

5460, 5480 and 5505.

Break and trade below 5346 will indicate continuing weakness and index will correct to

5325, 5305 and 5280.

NEXT: THE REVERSAL FROM PIVOT

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 Trading Plan 31-Aug-2010

NIFTY FUTURE OUTLOOK

Readers who traded as per our weekly outlook would have printed the

almighty dollar today as nifty future exactly reversed from 5465 and fell

to support area as mentioned in the weekly column.

For tommorow's trading 5415 is the pivot level.

Support for nifty future will come in at 5393.

Break and trade below 5379 will take nifty future to 5358, 5340 and 5318.

On the other hand resistance will come in at 5460.

Inorder for nifty to regain positive territory it must trade above 5475.

In such a case nifty future will move to 5495, 5510 and 5535.

NEXT: THE PERFECT SHORT

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 Indian Stock Market

NIFTY FUTURE WEEKLY ANALYSIS

Nifty traded between support and resistance level mentioned in this column last week.

Those who missed the article can access it here (link).

For the week ahead the pivot level is placed at 5435.

Expect nifty to test this level in monday morning trade itself.

5467-5476 will act as strong resistance region for nifty future.

Cross and trade above 5481 will induce positive vibes and nifty future

will move to 5520, 5550 and 5590.

Reversal from resistance region will take nifty down to 5400 levels.

5370 - 5398 is support region for nifty future.

However break of 5363 will indicate a crack and nifty will slide to

5338, 5300 and 5265.

NEXT:BEAR FRIDAY

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

Are you a subbroker ? Jerrytechnicals has a special plan for small and medium subbrokers.

Please contact us at jerrytechnicals@gmail.com for more details.

Nifty August 27-Aug-2010

NIFTY TRADING PLAN

What an expiry day. Everything went exactly as per plan.

The continous moving pivot is at 5476 for today's trading.

5442 will provide strong support for nifty future today.

Break and trade below 5430 will indicate trouble and nifty will move to

5408 and 5388.

Overhead resistace will come in at 5510 and trading above 5520 ,nifty will

fire to 5545, 5565 and 5585.

NEXT: UNEVENTFUL 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

Nifty Trading Plan 26-Aug-2010

NIFTY FUTURE OUTLOOK

Readers who traded as per our plan would have made good profits on a topsy turvy day.

Tomorrow is expiry and as usual expect it to be a wild day.

The continous moving pivot has moved to 5475.

Trading below this level will take nifty future to 5440.

Trade below 5430 will indicate trouble and nifty will move down to 5406.

On the other hand, resistance is placed at 5507.

For bulls to enjoy on an expiry day, nifty must trade above 5520.

NEXT: Short at resistance

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 25-Aug-2010

NIFTY FUTURE

Nifty future is suffering from expiry jitteries.

How will it unfold tomorrow? Let us examine in detail.

5544 will be strong resistance for nifty future tomorrow.

Inorder for nifty to be in strong zone, it has to cross 5557.

In such a case nifty will move to 5578 and 5600.

On the other hand, support will come in around 5475 tomorrow.

Breaking and trading below 5463, bears will bulls a run for their money

and nifty will correct to 5440 and 5420.

NEXT : UNITECH TRADING IDEA

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

Unitech - Swing Trade pick

UNITECH

UNITECH is looking good for a swing long.

65 closing level should be maintained as stop for this trade.

Targets are 105 and 139.

Considering that this is expiry week, we will be doing the trade in cash and

not in futures or options.

NEXT: NIFTY FUTURE WEEKLY OUTLOOK

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

Indian Stock Market Weekly Outlook

Nifty Future Weekly Outlook

Nifty future has closed above weekly pivot level of 5502.

Supports for nifty future are at 5495, 5456 and 5429.

Trade below 5401 will be open invite for bears to smash nifty to 5365, 5315 and 5300.

On the other hand 5535 will be resistance for nifty future.

5547 is breakout for nifty future and nifty will move to 5585, 5600 and 5635.

Given that the week ahead is settlement week, it will be really interesting to see how

nifty pans out.

As usual we will be tracking the curves and lines of nifty on a daily basis here.

Do comeback and track us.

NEXT: Initiating coverage

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

Are you a subbroker ? Jerrytechnicals has a special plan for small and medium subbrokers.

Please contact us at jerrytechnicals@gmail.com for more details.

Initiating Coverage - Finolex Cables Ltd (500144)

FINOLEX CABLES

Finolex Cables Ltd




Finolex Cables Ltd, the flagship company of the Finolex Group was established in 1958 in Pune.

Today, it is India's largest and leading manufacturer of electrical and telecommunication cables

with a turnover in excess of Rs.16 Billion (about US $ 320 million)




The company started its operation with the manufacture of PVC insulated electrical cables for the automobile industry.

Since then, the Company has constantly endeavored to augment its product range to include, PVC insulated electrical wires

and Flame Retardant Low Smoke electrical wires, PVC insulated single core and multicore industrial flexible cables,

Rodent Repellent Multicore Flexible Cables, PVC Insulated Winding Wires and 3 Core Flat Cables, XLPE 3 Core Flat Cables,

Power and Control Cables, High Voltage Power Cables (Upto 33 kV), Polyethylene Insulated Jelly Filled Telephone Cables,

Auto & Battery Cables, Co-axial and CATV cables, LAN Cables, Switchboard Cables, Fibre Optic Cables and others.

June Quarter results at a glance

(in Cr.)	Jun-10	Mar-10	FY09-10
Revenue	493.06	463.96	1,618.71
Net Profit	22.98	-5.39	57.63
EPS	1.50	--	3.77
Cash EPS	2.14	0.19	6.20
OPM %	8.50	2.97	8.85
NPM %	4.66	-1.16	3.56

Finolex has improved its operating marging and NPM.

Technical outlook:

From the chart it is clear that Finolex will move to 75, 90 and 130.

NEXT: Best of last week

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

Best of last week - JerryTechnicals

Readers who followed our weekly analysis would have minted the almighty dollar.

Link :

Readers who shorted relinfra would have richer by a bounty.

Link:

For the coming week, we will be analyzing a largecap, initiating coverage on a smallcap along with

our usual tracking of nifty future.

Stay tuned.....

Nifty Trading plan 20-Aug-2010

NIFTY FUTURE:

Nifty pivot is placed at 5521 for today's trading.

5487 will be support and for bullishness to be in tact nifty future should 5472.

Break and trade below 5472 will induce correction and nifty will move to

5452, 5432 and 5412.

On the upside resistance will be at 5555. 5570 will be the breakout point and nifty will move to 5590 and 5610.

NEXT: BULLS ON FIRE

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

END OF THE BARREL - RELINFRA

RELINFRA ACHIEVES SHORT TARGET

Readers who went short on relinfra as per (link) would have

printed the almighty dollar as it fell to second target given.

Infact the stock made a low of 1035 today.

What a whopping trade . In just 2 days, target achieved !!!!

Bring em on !!!

Did you like the above post ? Why not send it to your friends ?

NEXT: Nifty outlook 18th august

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 Trading Plan 18-Aug-2010

NIFTY FUTURE

Nifty reversed exactly from the resistance area mentioned in

yesterday's column .

For tomorrow's trade in nifty future, pivot level is at 5426.

Resistance is at 5459. Trading above 5471 will take nifty future to 5505, 5530.

Support level is at 5390. Break below 5382 will indicate weakness and bears will maul nifty to

5355, 5355 and 5315.

NEXT: SHORT AT RESISTANCE

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 Trading Plan 17-Aug-2010

NIFTY FUTURE

Readers who went short in nifty today as per (link) would have printed the almighty dollar today,

as nifty crashed from the resistance area.

For tomorrow's trading, nifty future will face resistance at 5445 region.

Trade above 5470 will restore bullishness in nifty and will take nifty to 5490, 5510 and 5530.

5390 is support for nifty future.

Break below 5375 will be heartbreak for bulls and index will correct to 5355, 5335 and 5315.

NEXT: Nifty weekly outlook

Did you like the above post ? Why not send it to your friends ?

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 Indian Stock Market

NIFTY FUTURE - WEEKLY

Nifty future CMT level has moved to 5445.

Nifty will have resistance at 5480 level next week.

Trading above 5495 will take nifty to 5545 and 5600.

On the downside 5430 and 5400 will be support level for nifty future.

Break and trade below 5367 will invite trouble for bulls and index will correct to 5250 and 5225.

NEXT: Best of last week

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.

Best of last week

Nifty future exactly reversed from resistance area mentioned in my weekly post.

Link:

Where did the reversal end ? Yes exactly at the first target .

Gold reversed from exactly the short level and hit our first target.

Link:

RELINFRA short would have already yielded money for the aspiring reader.

Link:

We answered a query from a reader on IOB

Link:

Our investment pick of TATA INVESTMENT rocked on the upside

Link:

Get the word out. Share with your friends:

Nifty Trading Plan 13-Aug-2010

NIFTY FUTURE

For tomorrow's trading the CMT (continous moving pivot) has moved to 5412.

Nifty will face selling at 5445 - 5450 area.

Reversal from this region will take nifty to 5412, 5375.

Trading above 5460 will take nifty to 5480, 5500 and 5520.

Break below 5365 will invite selling and nifty will move down to 5340, 5325 and 5305 in no time.

NEXT : Investment Pick

Did you like the above post ? Why not send it to your friends ?

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