Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 31-03-2010




End of financial year and expiry day. What a deadly combination traders have to deal with today !!!


Caution is advised at higher levels.


Nifty future market balance point is at 5810.


Resistance is placed at 5827 - 5839


Break above 5848 will lead to 5864 and 5880.




Support is at 5795.


Break below 5785 will lead to  5770 and 5750.

NEXT

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 - 30-MAR-2011




Nifty future almost achieved weekly target as mentioned in our weekly 


outlook article. Readers who missed that article can access it here.


What is in store for nifty future today?




Nifty future will get resisted at 5765 and 5790 today.


Reversal from these levels will take nifty to 5740,  5720 and 5695.




Break and trade above 5810 will take nifty to 5835, 5855.

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 29-MAR-2011


Nifty future moved exactly as what we had written yesterday.


For today's trading nifty future will have tremendous resistance at 5725.


Reversal from this level will take nifty to 5695, 5685.


Trade below 5665 will open up down side targets of 5640 and 5620.




Trade above 5745 will open upside targets of 5775 and 5795

<NEXT>

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

A remarkable comeback


Nifty future made a remarkable comeback last week.

For the week ahead, which is the expiry week, nifty balance point is placed at 5635.


Immediate resistances for nifty are placed at 5720 and 5765 as depicted in the above chart.


Immediate target for nifty appears to 5804 as it is the fibonacci confluence zone.


Above 5815 nifty could move to 5890 and 5930.


Support for nifty is placed at 5550 and 5500 levels.


Break below 5455 is needed to jeopardize the up-move.


In such a scenario nifty will move down to 5370 and 5290.

NEXT

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 25-03-2011




Market balance point: 5548


Resistances - 5560, 5570


Break above 5580 will take nifty to 5600 and 5625




Support at 5530


Break below 5520 will take nifty to 5505, 5490.

NEXT

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 24-MAR-2010




We wrote yesterday that support for nifty will be at 5415.


What a move by nifty from our support level !!!!




For today:


Market balance point : 5500


Support at 5475.


Break below 5455 will lead to 5435 and 5415.




Resistance is placed at 5531.


Break above 5555 will take  nifty to 5575, 5595.

NEXT

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 23-03-2011


Market balance point: 5430


Support  placed at 5415,


Break below 5400 could take nifty to 5385, 5370 and 5355.


Resistance is at 5449.


Break above 5468 will take nifty to 5485, 5510, 5525.




NEXT:

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 22-MAR-2011






Market balance point: 5380


Above 5410, nifty future will move to 5420, 5440, 5455.




Support at 5350 level.


Break of 5338 will lead to 5320 and 5305.






NEXT

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 closed on weak note last week.


Let us have a look at the chart to find out possible moves next week.

Nifty will have strong resistance in 5470 - 5490 zone next week.


Trade above 5520 will indicate bullishness and nifty could move to  5550, 5575 and 5620.


Reversal from resistance will take nifty down to 5340 and 5295.




NEXT



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 DAILY OUTLOOK




Supports are placed at 5465 and 5450.


Break and trade below 5445 will lead to 5415, 5400.


Resistances are placed at 5495 and 5515.


Above 5515, nifty will move to 5555.




NEXT: Options rule






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 DAILY OUTLOOK


Market balance point: 5520.


Break below 5508 will take nifty to 5395, 5475, 5455.


Break above 5555 will take nifty to 5575, 5594, 5610.






New*




Options:


5500 CE:  Break out level 143, SL 119 targets: 167, 172, 178


5600 PE:  Breakout level 140, SL 135 targets 145,165, 175




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: Power of 5555

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 16-03-2011




Support: 5440, 5425.


Break down targets: 5390, 5360, 5330.




Resistances: 5490, 5520


Break out targets: 5555, 5590, 5615






NEXT: Nifty


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-MAR-2011




Supports: 5510, 5500


Breakdown: 5494


Breakout targets: 5465, 5440.




Resistance: 5580, 5600


Breakout: 5615


Breakout target: 5640, 5665.




NEXT: Indian stock market 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

Balance point for nifty is placed at 5470 next week.


Supports will come in at 5430 and 5400 levels.


Break below 5380 will induce correction and nifty will move to 5350,  5325, 5300 and 5285 next week.




Resistances for nifty are placed at 5510 and 5535.


Break above 5560 is needed for nifty to be bullish.


In such a scenario nifty will move to 5600 and 5640.






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 11-MARCH-2011


         Due to global cues, Nifty might open gap down.

Nifty will have strong support at 5445 and 5430.


Reversal from this region will take nifty to 5470 and 5490.


For bullishness to be restored nifty needs to trade above 5500.


In such a case nifty might move to 5520, 5545 and 5565.






Break and trade below 5410 will take nifty down to 5370.






NEXT:  Power of 5465



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 will have strong supports at 5495 and 5465 today.


Reversal from these levels will take nifty future to 5520, 5545, 5570, 5590 and 5610 today.


Break of 5445 will indicate trouble and nifty will correct to 5425 and 5400.




NEXT: TATAMOTORS





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

TATA MOTORS OUTLOOK


 Our trading pick for the day is TATAMOTORS.


Support : 1152


Breakdown 1139


Targets: 1165, 1175, 1185




Breakdown/ Reversal targets: 1126, 1110




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 09-MAR-2011




Market balance point: 5540


Resistance: 5565


Breakout: 5587


Breakout targets: 5605, 5620, 5640.




Support: 5515




Breakdown: 5496


Breakdown targets: 5480, 5460, 5440




NEXT: MPHASIS

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

Daily stock Pick


          Our trading pick for tomorrow is MPHASIS.


This stock has been in a consistent downtrend after reacting badly to news.


Stock has support around 457.


Long targets are  467,  476 and 485.


Break below 447 will restore downtrend and stock will move to 437, 428 and 425.




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

Indian Stock Market Daily Outlook

NIFTY TRADING PLAN 08-MAR-2011


              Concerns on DMK withdrawing support for UPA govt weighed heavily on nifty as it opened gap down and moved down before a smart recovery towards close.


For tomorrow's trading nifty will find good support at 5450 level.


Reversal from this level will take nifty to 5475, 5500 and 5525.


5525 will be strong resistance level. Trading above this will take nifty to weekly targets
mentioned in yesterday's column.


Today's low of 5400 will be critical for nifty future in days to come.


Breaking 5400 will take nifty future down to short targets mentioned in weekly outlook.




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




Nifty future will have strong support at 5520 and 5480 next week.

Reversal from  these levels will take nifty future to 5600, 5640 and 5690.

Break out level is 5750.

Break out targets are 5820, 5890.


Break down level is 5435.

Breakdown targets are 5375, 5340, 5290.


NEXT: friday blues

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 04-03-2011



Nifty will get resisted at 5600 and 5620 levels today.

Reversal from this level will take nifty down to 5570, 5540 and 5520.


Trading above 5634 will take nifty to 5660 and 5680.






NEXT: What a comeback from 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 03-03-2011


           Nifty will get supported at 5480 and 5460 levels.

Reversal from this level will take nifty to 5510 and 5550.

5600 is the call resistance level.

Trading above 5600 will take nifty to 5623, 5645 and 5690.

Trade below 5450 could mean nifty correcting to 5420 and 5375.

NEXT: 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

Indian Stock Market Holiday

NSE & BSE will remain closed today on account of MahaShivRatri.

For the list of holidays click here

NEXT: Bulls are back