Jerrytechnicals wishes all readers a merry Christmas and
a very very happy and prosperous 2011.
We will be back with our regular posts on Sunday 2 January 2011.
Sunday, December 26, 2010
Happy Holidays
A fantastic year gone by
Jerrytechnicals wishes all readers a merry Christmas and
a very very happy and prosperous 2011.
We will be back with our regular posts on Sunday 2 January 2011.
Jerrytechnicals wishes all readers a merry Christmas and
a very very happy and prosperous 2011.
We will be back with our regular posts on Sunday 2 January 2011.
Thursday, December 23, 2010
Nifty Trading Plan 23-December-2010
NIFTY TRADING PLAN
Market Balance point: 5995
Resistance : 6015
Break out: 6031
Targets: 6045, 6060, 6085
Support: 5970
Break down: 5958
Targets: 5940, 5935, 5910
NEXT: BULLS ON THE 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
Market Balance point: 5995
Resistance : 6015
Break out: 6031
Targets: 6045, 6060, 6085
Support: 5970
Break down: 5958
Targets: 5940, 5935, 5910
NEXT: BULLS ON THE 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
Tuesday, December 21, 2010
Nifty Trading Plan 21-December-2010
NIFTY FUTURE OUTLOOK
Market Balance Point: 5951
Resistance: 5995
Breakout: 6025
Breakout targets: 6045, 6075, 6100
Support: 5920
Breakdown: 5900
Breakdown targets: 5875, 5850, 5825
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: Nifty weekly outlook
Market Balance Point: 5951
Resistance: 5995
Breakout: 6025
Breakout targets: 6045, 6075, 6100
Support: 5920
Breakdown: 5900
Breakdown targets: 5875, 5850, 5825
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: Nifty weekly outlook
Sunday, December 19, 2010
Indian Stock Market Weekly Outlook
NIFTY FUTURE WEEKLY OUTLOOK
Last week nifty traded as per our expectations.
For the coming week, the market balance point is placed at 5940.
Resistance is placed at 5982.
Above 5990 nifty future will move to 6030, 6055, 6080.
Support for nifty future is placed at 5890.
Below 5875, nifty will move down to 5840, 5790 and 5750.
NEXT : Crash & Burn
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
Last week nifty traded as per our expectations.
For the coming week, the market balance point is placed at 5940.
Resistance is placed at 5982.
Above 5990 nifty future will move to 6030, 6055, 6080.
Support for nifty future is placed at 5890.
Below 5875, nifty will move down to 5840, 5790 and 5750.
NEXT : Crash & Burn
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, December 17, 2010
Market holiday today
TRADING HOLIDAY
Readers of this blog would have minted the almighty dollar as nifty moved from balance point to 3rd target of long. A whopping 100+ points move.
Those who missed the article can access it here.
Meanwhile it is a holiday today for the Indian stock markets.
Access list of holidays here
Readers of this blog would have minted the almighty dollar as nifty moved from balance point to 3rd target of long. A whopping 100+ points move.
Those who missed the article can access it here.
Meanwhile it is a holiday today for the Indian stock markets.
Access list of holidays here
Wednesday, December 15, 2010
Nifty Trading Plan 16-December-2010
Nifty future outlook
Nifty future traded in a narrow range as predicted in this column.
Market balance point : 5875
Support : 5850
Break down: 5832
Break down targets: 5814, 5795, 5775
Resistance: 5901
Breakout: 5921
Break out targets: 5940, 5960, 5975
NEXT: Range bound again
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 15-December-2010
NIFTY FUTURE OUTLOOK
Market balance point: 5940
Resistance: 5965, 5985
Breakout: 6007
Breakout targets: 6020, 6050, 6075
Support: 5910
Break Down: 5895
Breakdown target: 5880, 5865, 5840
NEXT: Range bound 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
Market balance point: 5940
Resistance: 5965, 5985
Breakout: 6007
Breakout targets: 6020, 6050, 6075
Support: 5910
Break Down: 5895
Breakdown target: 5880, 5865, 5840
NEXT: Range bound 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
Tuesday, December 14, 2010
Nifty Trading Plan 14-December-2010
NIFTY FUTURE OUTLOOK
Market Balance Point : 5917
Support : 5875
Breakdown: 5855
Break down targets : 5795, 5750, 5700.
Resistance: 5960
Breakout: 5975
Break out targets: 6017, 6035, 6050.
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
Market Balance Point : 5917
Support : 5875
Breakdown: 5855
Break down targets : 5795, 5750, 5700.
Resistance: 5960
Breakout: 5975
Break out targets: 6017, 6035, 6050.
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, December 12, 2010
Indian Stock Market Weekly Outlook
Labels:
BSE,
decembermber,
free chart,
free nifty tips,
India,
Live nifty future,
Nifty,
nifty december,
Nse
NIFTY WEEKLY OUTLOOK
Nifty future traded exactly as written in this column last week.
Readers who missed the article can access it here.
What is in store for traders next week? Let us examine with the help of charts.
Nifty future balance point is placed at 5890.
Nifty will get resisted at 5940 - 5960 next week.
5990 is the break out point for next week.
Break out targets are 6070, 6150, 6230.
5845 is the support for nifty next week.
5805 is the second support for nifty future for next week.
Trade below 5800 will take nifty future to 5725, 5675 and 5630.
NEXT: when bulls ruled the roost
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 traded exactly as written in this column last week.
Readers who missed the article can access it here.
What is in store for traders next week? Let us examine with the help of charts.
Nifty future balance point is placed at 5890.
Nifty will get resisted at 5940 - 5960 next week.
5990 is the break out point for next week.
Break out targets are 6070, 6150, 6230.
5845 is the support for nifty next week.
5805 is the second support for nifty future for next week.
Trade below 5800 will take nifty future to 5725, 5675 and 5630.
NEXT: when bulls ruled the roost
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, December 10, 2010
Nifty Trading Plan 10-December-2010
NIFTY FUTURE OUTLOOK
Readers would have minted the almighty dollar in nifty short trade as written in this
column yesterday.
Today's key levels:
Market Balance Point : 5760
Support: 5725, 5695.
Crash level: 5671
crash targets : 5630, 5585, 5555
Resistance: 5812, 5835
Rocket level : 5860
Rocket targets: 5910, 5950, 6000.
NEXT: A beautiful 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
Readers would have minted the almighty dollar in nifty short trade as written in this
column yesterday.
Today's key levels:
Market Balance Point : 5760
Support: 5725, 5695.
Crash level: 5671
crash targets : 5630, 5585, 5555
Resistance: 5812, 5835
Rocket level : 5860
Rocket targets: 5910, 5950, 6000.
NEXT: A beautiful 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
Thursday, December 9, 2010
Nifty Trading Plan 09-December-2010
NIFTY FUTURE OUTLOOK
Readers who went short in nifty as written in this column yesterday would have
minted the almighty dollar.
Nifty Market Balance Point : 5929
Nifty resistance: 5971
Nifty breakout: 5986
Nifty breakout targets : 6006, 6020, 6045.
Nifty support : 5888
Nifty break down: 5870
Nifty break down targets : 5845, 5820, 5800
NEXT: A beautiful 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
Readers who went short in nifty as written in this column yesterday would have
minted the almighty dollar.
Nifty Market Balance Point : 5929
Nifty resistance: 5971
Nifty breakout: 5986
Nifty breakout targets : 6006, 6020, 6045.
Nifty support : 5888
Nifty break down: 5870
Nifty break down targets : 5845, 5820, 5800
NEXT: A beautiful 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
Wednesday, December 8, 2010
Nifty Trading Plan 08-December-2010
NIFTY FUTURE OUTLOOK
Readers who followed this column yesterday would have minted the almighty dollar.
Market balance point for nifty future is placed at 5975 today.
Support will come in at 5952.
Break and trade below 5937 will take nifty to 5920, 5900 and 5880.
Resistance is at 5985.
Break and trade above 6009 will take nifty to 6023, 6038 and 6060.
NEXT: Gold 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
Readers who followed this column yesterday would have minted the almighty dollar.
Market balance point for nifty future is placed at 5975 today.
Support will come in at 5952.
Break and trade below 5937 will take nifty to 5920, 5900 and 5880.
Resistance is at 5985.
Break and trade above 6009 will take nifty to 6023, 6038 and 6060.
NEXT: Gold 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
Tuesday, December 7, 2010
Gold Weekly Outlook
Labels:
comex,
commodities,
commodities tip,
gold,
live gold chart,
mcx,
NIFTY WEEKLY
COMEX GOLD
After the job data was announced, last week Gold crossed the $1400 mark for the first time after
November.
In the above chart readers can also see a failed H&S pattern.
Market balance point for gold is placed at 1400 for this week.
Resistances are placed at 1423, 1451 and 1472.
Supports are placed at 1398, 1380, 1367.
RSI is not in overbought stage. MACD has made a positive crossover above zero.
Chart indicates that gold will move higher to meet the resistances as stated above.
For Gold outlook to turn negative it must close below 1367, in which case it will
crash to 1340, 1315 and 1300 levels.
NEXT: NIFTY FUTURE 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
After the job data was announced, last week Gold crossed the $1400 mark for the first time after
November.
In the above chart readers can also see a failed H&S pattern.
Market balance point for gold is placed at 1400 for this week.
Resistances are placed at 1423, 1451 and 1472.
Supports are placed at 1398, 1380, 1367.
RSI is not in overbought stage. MACD has made a positive crossover above zero.
Chart indicates that gold will move higher to meet the resistances as stated above.
For Gold outlook to turn negative it must close below 1367, in which case it will
crash to 1340, 1315 and 1300 levels.
NEXT: NIFTY FUTURE 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 07-December-2010
NIFTY FUTURE OUTLOOK
Nifty future exactly reversed from the area of resistance to fall to balance point as
written in this column yesterday.
For today's trading the market balance point is placed at 6008.
Resistance is at 6050.
Trading above 6065, nifty future will move to 6085, 6100 , 6125.
Support exists at 5965.
Break and trade below 5950 will take down to 5935, 5915, 5895.
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 exactly reversed from the area of resistance to fall to balance point as
written in this column yesterday.
For today's trading the market balance point is placed at 6008.
Resistance is at 6050.
Trading above 6065, nifty future will move to 6085, 6100 , 6125.
Support exists at 5965.
Break and trade below 5950 will take down to 5935, 5915, 5895.
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
Monday, December 6, 2010
Indian Stock Market Weekly Outlook
NIFTY FUTURE WEEKLY OUTLOOK
The market balance point for nifty future is placed at 5980 this week.
5940 is support area for nifty future.
The second weekly support is at 5910 area.
Break below 5880 can induce correction and nifty will move to 5815 and 5775.
On the other hand nifty will face resistance at 6021.
Other overhead resistances are placed at 6075 and 6115.
Break out level for the week is 6145.
Targets for the breakout are 6220 and 6270.
NEXT: MONEY TREE
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 market balance point for nifty future is placed at 5980 this week.
5940 is support area for nifty future.
The second weekly support is at 5910 area.
Break below 5880 can induce correction and nifty will move to 5815 and 5775.
On the other hand nifty will face resistance at 6021.
Other overhead resistances are placed at 6075 and 6115.
Break out level for the week is 6145.
Targets for the breakout are 6220 and 6270.
NEXT: MONEY TREE
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, December 3, 2010
Nifty Trading Plan 03-December-2010
NIFTY FUTURE OUTLOOK
The market balance point for nifty future is placed at 6025 today.
Trading above 6025, nifty future will move to 6058 and 6070.
Trading above 6073 will take nifty future to 6130, 6145 and 6165.
Support for nifty future is placed at 5978.
Break below 5963 will take nifty down to 5945, 5925 and 5900 levels.
NEXT: Gap up and away
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 market balance point for nifty future is placed at 6025 today.
Trading above 6025, nifty future will move to 6058 and 6070.
Trading above 6073 will take nifty future to 6130, 6145 and 6165.
Support for nifty future is placed at 5978.
Break below 5963 will take nifty down to 5945, 5925 and 5900 levels.
NEXT: Gap up and away
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, December 2, 2010
Nifty Trading Plan 02-Dec-2010
NIFTY FUTURE OUTLOOK
Market balance point for nifty future is placed at 5970 for tomorrow.
Supports for nifty are placed at 5945 and 5915.
Break and trade below 5910 will take nifty to 5885, 5850 and 5830.
Resistance for nifty future is placed at 6005 and 6020.
Trading above 6035 will take nifty future to 6065, 6095 and 6120.
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
Market balance point for nifty future is placed at 5970 for tomorrow.
Supports for nifty are placed at 5945 and 5915.
Break and trade below 5910 will take nifty to 5885, 5850 and 5830.
Resistance for nifty future is placed at 6005 and 6020.
Trading above 6035 will take nifty future to 6065, 6095 and 6120.
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
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