Bullish pattern in PNB

PNB

Last time I had written about SBI. On that occasion SBI went up 15% in less than 2 weeks time.

Now another biggie bank is appearing bullish on charts.

PNB is a great bullish positional trade for targets of 1080 and 1120.

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 April month expiry analysis

Nifty, after reversing from weekly resistance as specified in this column at 5345, today fell to first retracement level of 5206.

Tomorrow is F&O expiry day and it promises to as volatile as ever.

Break below 5178 will be disastrous for nifty future as it could easily move down to 5163 and 5125.

The fall should be arrested at 5110 level which is confluence of support levels.

On the other hand reversal from 5190 levels will take nifty future to 5220 and 5240.

5270 will indicate a comeback of sorts by bulls and the index should easily move to 5300.

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.

A great idea

http://discoveringthepurpose.wordpress.com/2010/04/25/movie-theater-on-board/


What an idea sirji !!!!

Trading Plan 27-April-2010

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.

My trading plan for nifty future

Range bound market with resistance at 5340 and support at 5295

Therefore no trade in nifty tomorrow.

My trading plan for HDFC future

Long Level : 1975

Stop loss : 1960

Targets: 2025, 2060

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 - Indian Stock Market Weekly Outlook 26 April 2010 till 30 April 2010

NIFTY

For next week strong support exists for nifty at 5260 and 5235.

Reversal from support region will take nifty to 5340 and 5370.

Break and trade above 5403 will take nifty to 5440 and 5480 in a manner of days.

Break and trade below 5207 will be detrimental for bulls in next week.

In such a case , nifty future will correct to 5167, 5127 and 5087.

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 Plan 23-April-2010

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.

My Trading Plan for NIFTY FUTURE

Long Entry 1: 5215

Stoploss : 5185

Targets : 5275, 5310, 5370

Long Entry 2: 5310

StopLoss: 5275

Targets : 5350, 5370, 5400

Short Entry: 5275

Stoploss: 5310

Targets: 5215, 5185, 5143

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 Plan 21-April-2010

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.

My trading plan for nifty

Long Entry: 5250

Stoploss : 5220

Targets : 5270, 5295, 5305

Short Entry: Only reversal of trade applicable

My Trading plan for SUNPHARMA

Long Entry: 1762

Stoploss: 1738

Targets: 1825, 1850, 1864

NEXT: TradingPlan Tracker

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 plan tracker 20-Apr-2010

Trading plan for yesterday

How did it fare in live market?

NIFTY

Nifty perfectly achieved target 1. A net gain of 80 points for 2 lots of nifty.

SESAGOA

Sesa goa also achieved target. A profit of 7500 Rs per lot.

Net profit for the day Rs 15000.

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 Outlook (Nifty) 20-April-2010

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

My Trading plan for nifty for 20 -APR-2010

Long Entry: 5170

Stoploss : 5150

Targets : 5215, 5230, 5258

Short Entry: 5258

Stoploss: 5278

Targets: 5215, 5190, 5170

My Trading plan for SESAGOA for 20-APR-2010

Long Entry: 464.50

Stoploss : 459

Target : 474.50

Short Entry: 459

Stoploss: 464.50

Target: 454, 448

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 - Indian Stock Market Weekly Outlook 19 April 2010 till 24 April 2010

RECAP

Nifty reversed from resistance level given and fell almost to 2nd target of short.

NIFTY WEEKLY outlook

Weekly resistance for nifty is placed at 5300.

Reversal from 5300 level will take nifty to 5225.

Break and trade below 5188 will take nifty down to 5160 and 5128 in the coming week.

Nifty will be positive only if it can trade above 5330.

In doing so nifty will open up targets of 5360 , 5395 and 5425.

NEXT: Nifty outlook for 16th April

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 Outlook (Nifty) 16-April-2010

RECAP

Readers who went short on HINDZINC would have made good money yesterday.

NIFTY FUTURE

Today nifty future will have huge resistance at 5308.

Reversal from level will take nifty straight to 5258 :-).

5225 will be the support area for nifty today.

Break and trade below 5214 will increase the chances of nifty future gettting knocked down to 5190, 5168.

Nifty future will be positive only on trade above 5332. Targets of 5355 and 5380 will open up in such a scenario.

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.