NIFTY FUTURE OUTLOOK
Nifty future pivot is placed at 6024 for tomorrow.
For the new series, resistance will come in at 6060.
Trading above 6078 will have the bulls interested and nifty will move to
6095, 6115 and 6135.
Support level comes in at 5988.
Trade below 5970 could be tricky for NF and it will correct to
5957 and 5942 , 5920.
NEXT: CHART RULES
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
Thursday, September 30, 2010
Tuesday, September 28, 2010
Trading with EMA and pivots
Labels:
free live chart,
moving average,
pivots,
resistance,
support
Today was a perfect day for trading with ema and pivots for followers of this blog.
See how nifty got resisted at pivot level and supported at the key support level exactly as
written in this column yesterday.
NEXT: NIFTY 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
See how nifty got resisted at pivot level and supported at the key support level exactly as
written in this column yesterday.
NEXT: NIFTY 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
Nifty Trading Plan 29-September-2010
Labels:
Bank Nifty,
Commodity tips,
free levels,
free nifty levels
NIFTY FUTURE OUTLOOK
Nifty future pivot is placed at 6048 for tomorrow's trading.
Resistance for nifty future is at 6080-6085.
Trading above 6100 will indicate bulls are back in control and nifty will move to
6115, 6135 and 6155.
Support for nifty will come in at 6015-6010.
Trading below 5995 will invite selling and index will correct to 5967.
NEXT: Power of 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
Nifty future pivot is placed at 6048 for tomorrow's trading.
Resistance for nifty future is at 6080-6085.
Trading above 6100 will indicate bulls are back in control and nifty will move to
6115, 6135 and 6155.
Support for nifty will come in at 6015-6010.
Trading below 5995 will invite selling and index will correct to 5967.
NEXT: Power of 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
Monday, September 27, 2010
Nifty Outlook 28-September-2010
Labels:
Bank Nifty,
free levels,
free nifty levels,
nifty for tuesday
NIFTY FUTURE
Nifty future came close to achieving our swing target of 6135 today.
For tomorrow's trading, Nifty pivot is placed at 6054.
Reversal from pivot will take nifty to support level of 6010.
Break and trade below 6000 will invite trouble and nifty will correct to 5965 and 5922.
Resistance for nifty is placed at today's high of 6093.
Trading above 6107 will invite bulls back and they will ensure index moves to
6135 and 6155.
NEXT: Nifty 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
Nifty future came close to achieving our swing target of 6135 today.
For tomorrow's trading, Nifty pivot is placed at 6054.
Reversal from pivot will take nifty to support level of 6010.
Break and trade below 6000 will invite trouble and nifty will correct to 5965 and 5922.
Resistance for nifty is placed at today's high of 6093.
Trading above 6107 will invite bulls back and they will ensure index moves to
6135 and 6155.
NEXT: Nifty 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
Sunday, September 26, 2010
BANK NIFTY Trading levels for Monday (27-September-2010)
Labels:
Bank Nifty,
free levels,
Free tips,
learn trading,
Technical analysis
BANK NIFTY TRADING LEVELS FOR MONDAY
BNF pivot is placed at 12265 for monday's trading.
This is expiry week for bank nifty and as usual this could mean heightened volatility.
BNF support is placed at 12185 on monday. Trading below 12145 will indicate trouble
and it could correct to 12100, 12040 and 11980.
Resistance level for BNF is placed at 12340 for Monday.
12385 will indicate breakout in BNF and it will move to 12410, 12460 and 12520.
NEXT: NIFTY 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
BNF pivot is placed at 12265 for monday's trading.
This is expiry week for bank nifty and as usual this could mean heightened volatility.
BNF support is placed at 12185 on monday. Trading below 12145 will indicate trouble
and it could correct to 12100, 12040 and 11980.
Resistance level for BNF is placed at 12340 for Monday.
12385 will indicate breakout in BNF and it will move to 12410, 12460 and 12520.
NEXT: NIFTY 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 WEEKLY OUTLOOK
Nifty future moved inline with our expectations last week.
Readers who missed out last week's article can access it here.
For the coming week nifty pivot is placed at 6000.
5962 will be strong support for nifty.
5947 is the break down level. Below this level, nifty future will correct to 5920, 5885 and 5845.
6035 is resistance level for nifty next week.
6051 is the break out level and above this level nifty will move to
6095 and 6115. Sustaining above 6115 will involve bulls to do something special.
If bulls are able to sustain nifty above 6115, index will rocket to 6150 and 6185 this week.
NEXT: A flat 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
Nifty future moved inline with our expectations last week.
Readers who missed out last week's article can access it here.
For the coming week nifty pivot is placed at 6000.
5962 will be strong support for nifty.
5947 is the break down level. Below this level, nifty future will correct to 5920, 5885 and 5845.
6035 is resistance level for nifty next week.
6051 is the break out level and above this level nifty will move to
6095 and 6115. Sustaining above 6115 will involve bulls to do something special.
If bulls are able to sustain nifty above 6115, index will rocket to 6150 and 6185 this week.
NEXT: A flat 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
Thursday, September 23, 2010
Nifty Trading Plan 24-September-2010
Labels:
Bank Nifty,
buy level,
Nifty,
pivots,
Technical Analyis
NIFTY OUTLOOK 24-SEP-2010
Readers would have minted the almighty dollar in Nifty trading today as
nifty reversed from pivot level and fell all the way to breakdown level.
Nifty pivot level is placed at 5998 for tomorrow's trading.
6030 will be the strong resistance level.
The level to watch on upside will be 6047.
Crossing this level nifty will annihilate all bears and move to 6076 and 6110.
On the downside, support is placed way down at 5950.
Break and trade below 5942 will invite trouble and index will correct to 5920, 5870 and 5850.
NEXT: When the pivot played Villain
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
Readers would have minted the almighty dollar in Nifty trading today as
nifty reversed from pivot level and fell all the way to breakdown level.
Nifty pivot level is placed at 5998 for tomorrow's trading.
6030 will be the strong resistance level.
The level to watch on upside will be 6047.
Crossing this level nifty will annihilate all bears and move to 6076 and 6110.
On the downside, support is placed way down at 5950.
Break and trade below 5942 will invite trouble and index will correct to 5920, 5870 and 5850.
NEXT: When the pivot played Villain
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, September 22, 2010
Nifty Trading Plan 23-September-2010
Labels:
Bank Nifty,
Live nifty future,
Nifty
NIFTY FUTURE OUTLOOK
Readers would have minted the almighty dollar as nifty reversed exactly from our resistance level and crashed like nine pins before a late recovery in the second session.
Tomorrow nifty will face resistance at 6038 level.
Trading above 6053 will restore the bull run and index will power itself to 6085 and 6110.
Pivot level is placed at 6000 for tomorrow.
Nifty future will find nice support at 5965.
5948 is the key level to watch on downside.
Trading below this level nifty will correct to 5920, 5900 and 5875.
NEXT: Is 6047 some level or what ?
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
Readers would have minted the almighty dollar as nifty reversed exactly from our resistance level and crashed like nine pins before a late recovery in the second session.
Tomorrow nifty will face resistance at 6038 level.
Trading above 6053 will restore the bull run and index will power itself to 6085 and 6110.
Pivot level is placed at 6000 for tomorrow.
Nifty future will find nice support at 5965.
5948 is the key level to watch on downside.
Trading below this level nifty will correct to 5920, 5900 and 5875.
NEXT: Is 6047 some level or what ?
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
Trading with charts and levels
Labels:
Bank Nifty,
BSE Trading holidays,
chart,
levels,
Live nifty future,
moving average,
RSI,
stochastics
A beautiful trade using chart and levels of jerry technicals.
The following chart should be self explanatory.
NEXT: Nifty 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
The following chart should be self explanatory.
NEXT: Nifty 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
Nifty Trading Plan 22-September-2010
Labels:
Bank Nifty,
Nifty,
Nifty August,
Nifty expiry
Nifty Outlook
Nifty pivot has moved to 6010 for today's trading.
Nifty support is placed at 5975 and breakdown level is at 5958.
Below 5958 nifty will fall to 5938, 5918 and 5900.
Nifty resistance is placed at 6047. Breakout level is 6065.
Above the breakout level nifty will attempt to scale 6085, 6100 and 6115.
NEXT: Buy some real estate
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 pivot has moved to 6010 for today's trading.
Nifty support is placed at 5975 and breakdown level is at 5958.
Below 5958 nifty will fall to 5938, 5918 and 5900.
Nifty resistance is placed at 6047. Breakout level is 6065.
Above the breakout level nifty will attempt to scale 6085, 6100 and 6115.
NEXT: Buy some real estate
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, September 21, 2010
India Bulls Real Estate - Swing trade pick
Labels:
DLF,
IBREAL,
real estate stock,
unitech
IBREAL
IBREAL has broken out of a symmetrical triangle pattern with good volumes.
RSI 14 period has broken the trend line and has the highest close in last 14 days.
MACD is above signal line and thus bullish.
The targets for this trade are 200 and 235.
165 on closing basis should be maintained as stop loss for this trade.
NEXT: Nifty 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
IBREAL has broken out of a symmetrical triangle pattern with good volumes.
RSI 14 period has broken the trend line and has the highest close in last 14 days.
MACD is above signal line and thus bullish.
The targets for this trade are 200 and 235.
165 on closing basis should be maintained as stop loss for this trade.
NEXT: Nifty 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
Monday, September 20, 2010
Nifty Trading Plan 21-September-2010
Labels:
Bank Nifty,
nifty analysis,
nifty future,
NIFTY levels,
Nse,
Technical Analyis
Nifty Future Outlook
Bulls continued their march today and conquered 6000 level.
For tomorrow's trading, nifty future pivot is placed at 5980.
Support is placed at 5940. For nifty future trend to be negative, it must trade below
5928. In such a case, nifty will correct to 5905 and 5880.
The resistance level for tomorrow is placed at 6020 for tomorrow.
Above 6033 nifty will attempt to scale 6055, 6070 and 6090.
NEXT: Swing trade pick
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
Bulls continued their march today and conquered 6000 level.
For tomorrow's trading, nifty future pivot is placed at 5980.
Support is placed at 5940. For nifty future trend to be negative, it must trade below
5928. In such a case, nifty will correct to 5905 and 5880.
The resistance level for tomorrow is placed at 6020 for tomorrow.
Above 6033 nifty will attempt to scale 6055, 6070 and 6090.
NEXT: Swing trade pick
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, September 19, 2010
Swing Trade Pick : DLF
DLF Stock chart
DLF has closed above its short term moving average.
The short term moving average is above mid term average and below long term average.
This makes DLF a good candidate for short term swing long trade.
MACD is above signal line and is bullish.
RSI is bullish but not overbought.
343 could be he entry point for DLF long.
The targets for this trade are 378 and 390.
A close below 320 is ideal stop for this trade.
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
DLF has closed above its short term moving average.
The short term moving average is above mid term average and below long term average.
This makes DLF a good candidate for short term swing long trade.
MACD is above signal line and is bullish.
RSI is bullish but not overbought.
343 could be he entry point for DLF long.
The targets for this trade are 378 and 390.
A close below 320 is ideal stop for this trade.
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
Labels:
next week,
Nifty,
nifty analysis,
NIFTY levels,
Nse
NIFTY FUTURE WEEKLY OUTLOOK
Nifty future is showing a few warning signs in chart.
Please see the above chart for details.
5920 is the most significant level for nifty in the coming week.
This is the pivot level for nifty future.
If nifty trades above this level it will move to resistance level of 5970.
Reversal from pivot or resistance level will take nifty to 5867.
5830 is the support level for nifty future. Break and trade below 5810 will induce
correction and nifty will move to 5760 and 5720.
Trade above 5970 will induce fresh longs in nifty future and index will move to
6000, 6035 and 6070.
The short term swing target for nifty is 6130.
NEXT: Rakesh Jhunjhunwala on how to pick right stocks
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 future is showing a few warning signs in chart.
Please see the above chart for details.
5920 is the most significant level for nifty in the coming week.
This is the pivot level for nifty future.
If nifty trades above this level it will move to resistance level of 5970.
Reversal from pivot or resistance level will take nifty to 5867.
5830 is the support level for nifty future. Break and trade below 5810 will induce
correction and nifty will move to 5760 and 5720.
Trade above 5970 will induce fresh longs in nifty future and index will move to
6000, 6035 and 6070.
The short term swing target for nifty is 6130.
NEXT: Rakesh Jhunjhunwala on how to pick right stocks
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
Friday, September 17, 2010
Nifty Trading Plan 17-September-2010
Labels:
dow jones fibonacci,
Nifty,
nifty analysis,
NIFTY levels,
Trading
Nifty Future Outlook
Nifty future pivot has moved to 5855 for tomorrow's trading.
Reversal from this level will take nifty future to 5830 and 5815.
Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760
and 5740.
5900 is the level to be watched for resistance.
Above 5905 nifty will attempt to cross 5916 and 5930.
Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.
NEXT: Trade using simplicity
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 future pivot has moved to 5855 for tomorrow's trading.
Reversal from this level will take nifty future to 5830 and 5815.
Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760
and 5740.
5900 is the level to be watched for resistance.
Above 5905 nifty will attempt to cross 5916 and 5930.
Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.
NEXT: Trade using simplicity
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
Thursday, September 16, 2010
KISS - Keep it simple stupid
Trade like pro
I have often been fascinated by people chasing after trading systems, spending their hard earned money,
often to no avail. Couple of days back I introduced a new page on jerrytechnicals called nifty intraday chart.
See this page : link
It is very simple, basic system and the only quality one needs is discipline.
Just have a look at today's chart and the trading opportunities generated by this system.
It is as easy as it looks !!!.
NEXT: Nifty takes a pause
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
I have often been fascinated by people chasing after trading systems, spending their hard earned money,
often to no avail. Couple of days back I introduced a new page on jerrytechnicals called nifty intraday chart.
See this page : link
It is very simple, basic system and the only quality one needs is discipline.
Just have a look at today's chart and the trading opportunities generated by this system.
 |
| Nifty intraday chart |
It is as easy as it looks !!!.
NEXT: Nifty takes a pause
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 16-September-2010
Labels:
Bank Nifty,
Day Trading,
fibonacci,
NIFTY levels
NIFTY FUTURE OUTLOOK
Bulls continue to reign the roost at the bourses.
What is in store tomorrow ?
Nifty pivot has moved to 5852 tomorrow.
This will be critical level to watch out.
Sustaining this level, nifty will move to 5890, which will be resistance level for the day.
Above 5905, nifty will power itself to 5930 and 5950.
Support level for nifty is placed way below at 5815.
Break and trade below 5800 will invite selling and nifty will correct to 5760.
NEXT : Another powerful move
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
Bulls continue to reign the roost at the bourses.
What is in store tomorrow ?
Nifty pivot has moved to 5852 tomorrow.
This will be critical level to watch out.
Sustaining this level, nifty will move to 5890, which will be resistance level for the day.
Above 5905, nifty will power itself to 5930 and 5950.
Support level for nifty is placed way below at 5815.
Break and trade below 5800 will invite selling and nifty will correct to 5760.
NEXT : Another powerful move
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, September 15, 2010
Nifty Trading Plan 15-September-2010
Labels:
BSE,
BSE Trading holidays,
Future,
Nifty,
NIFTY levels,
Nse
NIFTY FUTURE OUTLOOK
Nifty pivot has moved to 5808 for today's trading.
Support for nifty is placed at 5772.
Break and trade below 5757 will indicate corrective mode and nifty will
move to 5735 and 5715.
Overhead resistance for nifty is at yesterday's high of 5845.
Nifty needs to cross 5860 to indicate a breakout.
In such a case nifty will move to 5875, 5895 and 5920.
NEXT: The momentum continues
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 pivot has moved to 5808 for today's trading.
Support for nifty is placed at 5772.
Break and trade below 5757 will indicate corrective mode and nifty will
move to 5735 and 5715.
Overhead resistance for nifty is at yesterday's high of 5845.
Nifty needs to cross 5860 to indicate a breakout.
In such a case nifty will move to 5875, 5895 and 5920.
NEXT: The momentum continues
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, September 14, 2010
Nifty Trading Plan 14-September-2010
Labels:
Bank Nifty,
chart,
EOD,
Intraday,
Nifty,
Nifty September
NIFTY FUTURE OUTLOOK 14-Sep-10
As written in this column, nifty opened above the resistance area and proceeded to achieve all targets of weekly projection.
It was a beautiful run by bulls and readers of JerryTechnicals would have been on the right side of the trade.
For tomorrow’s trading, nifty future will face resistance at 5785.
For nifty to continue its momentum, it must trade above 5800.
If bulls manage to do that, nifty will fire to 5825, 5850 and 5870.
However, reversal from 5785 will take nifty to 5751 which is pivot level for tomorrow.
Support for nifty future is at 5715. For nifty to go into negative zone it must break and trade below 5700.
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
NEXT: Weekly outlook
As written in this column, nifty opened above the resistance area and proceeded to achieve all targets of weekly projection.
It was a beautiful run by bulls and readers of JerryTechnicals would have been on the right side of the trade.
For tomorrow’s trading, nifty future will face resistance at 5785.
For nifty to continue its momentum, it must trade above 5800.
If bulls manage to do that, nifty will fire to 5825, 5850 and 5870.
However, reversal from 5785 will take nifty to 5751 which is pivot level for tomorrow.
Support for nifty future is at 5715. For nifty to go into negative zone it must break and trade below 5700.
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
NEXT: Weekly outlook
Sunday, September 12, 2010
Indian Stock Market Weekly Outlook
NIFTY FUTURE WEEKLY OUTLOOK
Nifty future closed a bit above pivot level at 5625.
For the week ahead, nifty future will be resisted at 5660.
Break and trade above 5675 will take nifty future to 5695, 5715 and 5740.
Support for nifty future is placed at 5590.
Break and trade below 5575 will take nifty future to 5555, 5535 and 5505.
NEXT: Money talks
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
Friday, September 10, 2010
How much money can a trader make in a week ?
Labels:
Indian stock blog,
LICHSGFIN,
Nse,
Recommendations,
Relinfra,
SBIN,
Stocks,
Technical analysis,
Tips
Learn Technical Analysis and Earn
Last week I had posted 3 stocks for trading.
LIC Housing, Reliance Infra and State Bank of India.
Those who missed it can access it here.
Let us do a quick calculation on how much a trader would have made in last week.
| Total | 27625 | |||||
| Stock | Type of Trade | Entry | Exit | LotSize | Net | Remarks |
| SBIN | Long | 2795 | 2950 | 125 | 19375 | |
| RELINFRA | Long | 1037 | 1055 | 250 | 4500 | |
| LICHSGFIN | Long | 1224 | 1202 | 250 | -5500 | SL Hit |
| LICHSGFIN | Short | 1202 | 1165 | 250 | 9250 |
The gain from these stocks stand at Rs. 27625.
Add to this the long on nifty future from 5510 till 5600 as per weekly nifty outlook.
The gain from nifty is 100* 90 = Rs 9000.
The total gain for a reader of this blog this week is 36600/- excluding brokerage and levies.
Now this is what we call @ JerryTechnicals as "Minting the almighty dollar".
NEXT: Enjoy the trading holiday
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
Holiday for Indian Stock Market
It is a holiday for Indian Stock Market today.
You can find the list of holidays @ http://jerrytechnicals.blogspot.com/2009/12/list-oif-trading-holidays-2010.html
NEXT: The power of 5640
Thursday, September 9, 2010
NIfty Trading Plan 09-September-2010
Labels:
Bank Nifty,
fibonacci,
Long,
Nfty Future,
Nifty,
Nifty weekly outlook,
resistance,
September,
Short,
Stock Tips
NIFTY FUTURE OUTLOOK
As written in this column, nifty future reversed from resistance and fell in a straight line.
For today's trading, pivot remains at 5596. Resistance is placed at 5630.
I have mentioned this before, there is a lot of fibonacci confluence resistance at 5640 level.
Only if nifty trades above 5647, further upmove can be expected.
In such a case it can move to 5667, 5687 and 5700.
Reversal from pivot or resistance can take nifty future to 5560 which is strong support area.
For nifty future to be weak, it must break and trade belwo 5545. In such a case bears will hammer
nifty to 5525 and 5500.
NEXT: Reversal from 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
Tuesday, September 7, 2010
NIfty Trading Plan 08-September-2010
Labels:
Bank Nifty,
fibonacci,
Long,
Nfty Future,
Nifty,
Nifty weekly outlook,
resistance,
September,
Short,
Stock Tips
Nifty outlook
After achieving all the weekly targets, nifty went into a narrow range today.
LIC broke 1202 and is already close to target 1.
5590 is the pivot level tomorrow for nifty future.
5625 is the resistance area.
Reversal from either pivot or resistance will take nifty to 5555.
Break and trade below 5540 will invite trouble and index will move to 5520 and 5500.
For nifty to trade in green, it must cross and trade above 5640.
NEXT: nifty pauses
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 07-September-2010
Labels:
Bank Nifty,
fibonacci,
Long,
Nfty Future,
Nifty,
Nifty weekly outlook,
resistance,
September,
Short,
Stock Tips
NIFTY FUTURE OUTLOOK
Readers who traded long above 5510 as per weekly outlook would have
minted the almighty dollar as nifty zoomed to achieve all targets given.
Those who missed this article can access it here.
In our weekly basket of stocks RELINFRA and SBIN are outperforming.
LIC Housing, is yet to take off.
For today's trading, 5565 will be the pivot level for nifty future.
Nifty future will have strong resistance at 5602. Crossng 5616 nifty will move to 5640
which is the confluence level for multiple fibonacci resistances.
Support for nifty future is placed way down at 5533. Breaking 5518 nifty will move down to
5495.
NEXT: STOCKS THAT ZOOM
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, September 5, 2010
LargeCap Trading Stocks for next week
Following stocks look good for trading for the coming week.
1) LIC Housing Finance
LIC crossing over 1224 will move to 1238, 1250 and 1275.
LIC breaking and trading below 1202 will correct to 1180, 1165 and 1150.
2) RELIANCE INFRA
RELINFRA above 1037 will move to 1060, 1080 and 1105.
RELINFRA breaking 1010 will move down to 985, 965 and 940.
3) STATE BANK OF INDIA
SBI crossing and trading above 2795 will move to 2835, 2870 and 2900.
SBI breaking below 2745 will crash land to 2695, 2665 and 2640.
Always analyze the stock using your trading system before entering these trades.
NEXT: NIFTY 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 pivot is placed at 5465 this week.
5500 will be huge resistance in the coming week.
If nifty is able to cross and trade above 5510, it will move to 5535, 5555 and 5575.
Support for nifty future is placed at 5433 this week.
However break and trade beloe 5419 will induce a trend change in nifty,
In such a case, nifty future will move to 5395, 5370 and 5350.
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
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