Indian Stock Market Daily Outlook

NIFTY FUTURE 01-03-2010




Supports for nifty future: 5335, 5285.


Breakdown level : 5240


Breakdown targets: 5170, 5155, 5140.




Resistances: 5385, 5410, 5440


Breakout: 5485
Breakout targets: 5530, 5550 and 5575






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 OULOOK


               Union Budget is just around the corner.
How will nifty react to budget?


Let us have a look at the charts.

Nifty future will have supports at 5245 and 5200 levels next week.


Break below 5160 will open up targets on the downside.


Nifty could fall to 5085, 5000 in such a scenario.




On the upside, nifty future will get resisted at 5395, 5440 and 5460.


Trade above 5480 will open up targets upto 5555 and 5620.




NEXT: 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

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 25-02-2011






Market balance point: 5260


Resistances: 5300, 5330


Breakout: 5355


Breakout targets: 5395, 5420, 5440


Support: 5210, 5180


Breakdown: 5160


Breakdown targets: 5120, 5100, 5075




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: 23 FEb 

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Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 23-02-2010


  

Market balance point: 5448

Support: 5420

Breakdown level: 5398

Breakdown targets: 5375, 5355, 5335.


Resistance: 5475

Breakout: 5500

Breakout targets: 5520, 5545, 5560.


NEXT: 22 Feb


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 Daily Outlook

NIFTY FUTURE 22-02-2011


           Due to global markets, nifty might open gap down at 5467.


5450 is strong support for nifty.


Breakdown level is 5430.


Break down targets are 5400, 5370 and 5340.


Reversal from support level will take nifty to 5500, 5530 and 5545.


Break and trade above 5567 will take nifty to 5595.


Trade above 5600 will introduce momentum and nifty will move to 5635 and 5655.




NEXT: 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


                       Where will nifty end up on settlement day?
As usual let us depend on charts study.

Nifty will get resisted at 5480 - 5520 region next week.


Reversal from this level will take nifty down to 5385, 5330, 5260 next week.


On the other hand if nifty trades above the resistance band, it will move to 


5580, 5640 and 5675.


Nifty might even try and trade above 5705, which could the be ultimate target for 
nifty this week.




NEXT: A look at 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

Trading in indian stock market - A look at last week

A COMEBACK OF SORTS


                  Nifty, JindalStel and TataSteel. 
3 perfect picks last week.


Nifty future achieved all targets as per this article


A profit of 20,000 rupees for 2 lots of nifty future.


JINDALSTEL achieved all targets as per this article


A profit of 35,000 rupees for a single lot of future !!!!


TATASTEEL achieved all targets as per this article


A profit of 25,000 rupees for a single lot of future.




A net gain of 80,000 rupees in a week!!!!


And all this with charts and free of cost at JerryTechnicals.




NEXT: A freaky friday

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 18-FEB-2011




Market balance point: 5510


Supports: 5495, 5480


Breakdown level: 5465


Breakdown targets: 5445, 5425.


Breakout targets: 5585, 5605, 5630




NEXT: Tatasteel

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 Pick

TATASTEEL - LOOKING GOOD

               Tatasteel will have strong support at 600 level.


Breakdown level is 585. Long targets are 615, 640 and 650.


On the other hand break of 585 will lead to 570, 560 and 550.




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

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 16-Feb-2011




Supports for nifty future: 5470, 5445, 5410


Breakdown level:  5390


Breakdown targets: 5365, 5340




Resistances for nifty future: 5485


Breakout level: 5503


Breakout targets: 5525, 5550


NEXT: Bulls all the way




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 Daily Outlook

NIFTY FUTURE OUTLOOK 15-02-2011


           Supports: 5425, 5405.


           Breakdown level: 5385
          
           Targets: 5360, 5340, 5325.


           Resistances: 5460, 5485, 5505
       
           Breakout: 5530


            Breakout targets: 5560, 5590.






NEXT: Weekly Pick

   
          

Indian Stock Market Weekly Pick

JINDAL STEEL & POWER LTD (JINDALSTEL)

For the coming week, JINDALSTEL will have strong resistance at 629.


Reversal from resistance will take the stock to 614,595 and 582.


Breakout level is 640.10.


Trading above 640.10 will take the stock to 655, 670.




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 AT CRITICAL LEVELS


Market is riffed with rumors.  Nifty makes a spectacular comeback on Friday.


As traders, what should we do? As always we fall back on charts to give us clear picture.

Fibonacci projections indicate the possible levels that nifty future will move to next.


For the upcoming week, nifty future will be centered at 5310.


Strong support will come in at 5280.


Failure to hold 5280 will take nifty future to 5215, 5155, 5120 and 5085.




Resistance is placed at 5355.


Break above 5370 will lead nifty future to 5425, 5470 and 5520.






NEXT: TAKING STOCK




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 in indian stock market - A look at last week

BEARS OUT TO PLAY


 Nifty future achieved all our targets this week for shorts initiated at 5530.


Link

Readers would have made a profit of close to 40,000 rupees this week in two lots of nifty future
short trade.


Our weekly trading pick was HDIL. After gapping up and achieving first long target (this trade would not have been possible as stock did not come to long level), HDIL triggered short late wednesday afternoon. Thursday morning stock achieved target of 123 in no time.
A clean profit of 5000 rupees. Friday again HDIL triggered long level and zooomed to first target.
A clean profit of 6000 rupees.


Link


Yet another week, where readers clocked in 50,000 rupees.


Join me tomorrow where we will analyze nifty movement and see what is the pick for next week
trading. All with charts and perfect reasoning. 


All for FREE!!!!

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 11-02-2011


               After the pounding received at hands of bears, nifty could provide some relief to bulls 


by gapping up near 5245. Resistances : 5270


Break out level 5285


Breakout Targets: 5305, 5320




Supports: 5220


Breakdown level: 5200


Breakdown targets: 5185, 5170, 5155




NEXT: Bears all the way




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 Daily Outlook

NIFTY FUTURE 10-02-2011


Nifty future achieved our first swing short target.


For today's trading nifty future will have support at 5225.


Breakdown level is 5205.


Breakdown targets are 5180, 5150, 5125.




Resistances are placed at 5300 and 5318.


Breakout level is 5335.


Breakout targets are 5360, 5390.




NEXT: Bears on the prowl


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 Daily Outlook

NIFTY FUTURE 09-02-2011


NIFTY Future looks all set to achieve our target projected using fibonacci studies.

Readers who have been trading as per this chart would have minted the almighty dollar.




Todays trading levels:


Balance point: 5317


Support: 5285, 5260


Breakdown: 5250


Breakdown Targets: 5225, 5200.


Resistance: 5340, 5360


Breakout: 5375


Breakout target: 5405, 5430.




NEXT: Crash and 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

Indian Stock Market Daily Outlook

NIFTY FUTURE 08-02-2011


Market balance point is placed at 5410 today.


Support is placed at 5390.


Break down level is 5370.


Breakdown targets are 5355, 5340,5320.




Resistance is placed at 5435


Breakout level is 5455.


Breakout targets are 5470, 5490, 5505.










NEXT: Indian stock Market weekly 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

Indian Stock Market Weekly Pick

HOUSING DEV & INFRA LTD (HDIL)


              HDIL chart makes interesting study.


Stock is at historical support levels. RSI is oversold however, momentum is at highest.

For the coming week, HDIL will have strong support at 133.


Reversal from support will take HDIL to 139, 144, 150, 155.


However breaking below 128 will mean disaster continues for HDIL.


It such a case, stock will drift to 123, 119, 113, and 103.






NEXT: Nifty future


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 is placed at historical support for next week.

Nifty future balance point is placed at 5445.


Supports are placed at 5385 and 5360.


Break down level is 5330.




Break down targets are 5285, 5235.




Resistances are placed at 5495 and 5525.


Break out level is 5555.


Break out targets are 5605, 5655.




NEXT: Taking Stock






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 in indian stock market - A look at last week

BLOODBATH ON DALAAL STREET


 We had written last week's outlook that nifty future might tank to 5340.


What a crushing blow dealt by bears !!!!


Any reader who traded nifty future as per our levels would have made 20,000 rupees in just two lots 


of nifty future. 


LINK


Our weekly pick was Cadila Healthcare. Stock crashed from short level to target with 30 minutes leaving our readers richer by 30,000 rupees.


LinK






Yet another great week for readers of JerryTechnicals. All this for free :-)


Is you call provider worth your money?




Meanwhile join us tomorrow where we will chart out the path for nifty next week and 


provide trading idea(stock/future) for next week.

Indian Stock Market Daily Outlook

Nifty future outlook 04-Feb-2011


A reader wrote on facebook "Sooooper Jerry, both support and tgt 3 is achieved. congrats. keep going"


Perfectly sums up the day for readers of JerryTechnicals.


Nifty future made a smart reversal despite ridiculously high inflation numbers.


Market balance point is placed at 5535.


Support for nifty future is placed at 5510 and 5490.


Breakdown level is 5475.


Breakdown targets are 5450, 5425.




Resistances are placed at 5570 and 5585.


Breakout level is 5605.


Breakout targets are 5630, 5655, 5680


NEXT: Welcome back bulls




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 Daily Outlook

Nifty Future Outlook


Nifty future balance point is placed at 5450.


Support is placed at 5420.


Breakdown level is placed at 5405.


Breakdown targets are 5390, 5370 and 5355.




Resistance is placed at 5475.


Breakout level is 5495.


Breakout targets are 5515, 5530 and 5542.




NEXT: Bears rule 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

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK (02-FEB-2011)


What a day for readers of JerryTechnicals !!!!


Nifty future reversed exactly from resistance mentioned and crashed.




For today's trading, nifty future balance point is placed at 5415.


However global cues indicate that market might gap up and open around resistance level of 5460.


Breakout level is 5480. Break out targets are 5510, 5540, 5570.


Supports for nifty future are placed at 5380 and 5360.


Break down level is 5340 and targets are 5310 and 5280.




NEXT: Classic reversal










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