Indian Stock Market Daily Outlook

NIFTY FUTURE 28 JAN 2011


Readers of the blog would have minted the almighty dollar as nifty future crashed exactly from


MBP to the second target given. What a great selling by FIIs on expiry day !!!




As the February series starts, 5625 becomes the MBP.


Very strong supports exist at 5595 and 5580.


Break down level is 5565. Break below 5565 will lead to 5538 and 5515.




Reversal from support will take nifty future to 5655 and 5670.


Breakout level is 5687. Breakout targets are 5715 and 5740.




NEXT: A beautiful F&O  expiry








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