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 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

CORPBANK


               Readers of the blog would have minted the almighty dollar in CORPBANK 


trade as the stock moved up from balance point and went through the roof while call providers stop 


losses were being taken out elsewhere in a very volatile session of trading.  Expect the stock to do 


more fireworks in the coming days. Levels remain the same as written in this column


NIFTY FUTURE


                Nifty future literally spent the whole day yesterday at Market Balance point .


Readers may continue to use the levels given in this column for today's trading.




NEXT: A whopping 6 percent trade




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

GE SHIPPING - Whatz cooking?

GE Shipping reversed from upper bollinger band last week.


Following are the trading levels for GE Shipping for the next few days.




Resistance levels - 332, 339


Break out level : 345


Break out targets: 360, 372, 390.




Short targets for short entry at R1 or R2 : 311, 298, 280.




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 Outlook 04-Jan-2011

Nifty Levels to watch for:


Market balance point: 6180


Support: 6140


BreakDown: 6130


Break down targets : 6100, 5980




Resistance: 6227


Break out: 6238


Break out targets: 6255, 6275




Stocks to watch for:


 Nagarjuna Constructions (NAGARCONST): 


   Stock Balance point: 150
    
   Support: 146
   
   Breakdown: 142


   Break down targets: 138, 134.


   Targets for long trade: 155, 160, 167.




NEXT: Top Stocks 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

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
 

Nifty Trading Plan 16-November-2010

NIFTY FUTURE OUTLOOK 


  Readers who short sold RELINFRA at 1055 today would have minted the almighty dollar
as the stock crashed to 1020.


Those who missed the article can access it here.


For tomorrow's trading, the market balance point for nifty future is placed at 6120.


Support for nifty is placed at 6085.


Break below 6070 will invite trouble and nifty will 6050 and 6030.


Break below 6010 is serious trouble and nifty will tank to 5960.




Resistance for nifty future is at 6160.


Break and trade above 6178 will take nifty to 6198, 6210 and 6230.




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 reversed exactly from weekly resistance level as mentioned


in this column last week. Those who missed the article can access it here.


Readers who did the article would have made a minimum of 25,000 rupees in just lots


trading of nifty future. 

For the week ahead , Market balance point for nifty future is placed at 6131. 


Support for nifty future is at 6088 level.


Break below 6074 will mean more correction in the offing and nifty will move to 


6045 and 5980. 


Break below 5980 can mean serious trouble and index can fall to 5945 and 5910.




Resistance for nifty future is placed at 6178 and 6210.


Nifty needs to cross and trade above 6245 in order for trend change to occur.


In such a case, nifty future will move to 6320, 6380 and 6420.


Join us next week where we will track day by day movement of nifty and generate 


trading ideas.




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