Thursday, January 3, 2013
Stock of the Day 03-JAN-2013
Sunday, April 11, 2010
BANKNifty - Indian Stock Market Weekly Outlook 12 April 2010 till 16 April 2010
BNF
Readers who bought BNF according to our article last week would have booked humungous profits.
BANK NIFTY
This week 9810 will be critical level for BNF. Crossing and trading 9810 with volumes BNF can move to 9881, 9955, 10025.
On the other hand reversal from near 9810 will mean huge BNF straightaway moving down to supports of 9700 and 9628.
Breaking and trading below 9580 would terminate the recent upmove in BNF and it will correct to 9500, 9450 and 9400 in the
coming week.
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.
Saturday, April 3, 2010
BANKNifty - Indian Stock Market Weekly Outlook 5 April 2010 till 9 April 2010
RECAP
Last week bank nifty future did not trigger any trade for us as neither support nor reistance level came into play.
BANK NIFTY FUTURE WEEKLY OUTLOOK
BNF has closed just above support level of 9515 this week.
Reversal from 9515 will take BNF straight to 9605 and 9630 which are huge resistances for the week ahead.
Trading above 9655 with volumes will create a breakout trade in BNF which could easily take BNF to 9700 and 9750.
BNF will be weak only below 9480 which might bring correction in BNF prices to the extent of 9438, 9420, 9390.
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.
Sunday, March 28, 2010
Bank Nifty - Indian Stock Market Weekly Outlook 29 March 2010 till 1 April 2010
RECAP:
Readers who bought bank nifty based on our last week's analysis would have minted the almighty dollar and BNF comfortably achieved
all targets given.
BANK NIFTY FUTURE
For the week ahead BNF supports are placed at 9420 and 9370.
Trading below 9300 will make BNF weak and correct to 9220, 9125 and 9040.
Resistance for BNF is placed at 9660 and 9700.
Trading above 9740 will create huge momentum on the upside and BNF will sail to 9815, 9900 and 10000 in a matter of days.
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.
Sunday, March 21, 2010
Bank Nifty - Weekly Outlook 22 March 2010 till 26 March 2010
RECAP:
Last week we had written that trading above 9125, BNF will make a move to 9305.
BNF pretty much traded as per the weekly analysis.
BANK NIFTY
Coming week could present interesting trading oppurtunities in BANK NIFTY.
Trading above 9305 will make BNF extremely positive and it can race to 9370 and 9440 in days itself.
Weekly support for BNF is placed at 9215 this week.
For BNF to become really weak, it has to break and trade below 9075.
In such a scenario it will drift easily to last week's low of 9001.
Breaking and trading below last week's low can bring in significant correction to the extent of 8925 and 8855.
Nifty future Twists and Turns here
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.
Sunday, March 14, 2010
Bank Nifty - Weekly Outlook 15th March 2010 till 19th March 2010
As many readers have requested weekly analysis of BNF, here we go....
BANK NIFTY
Bank Nifty has crossed and closed above near term trend line which indicates bullishness.
For the week ahead trend line at 9120 will hold fortunes of Bank Nifty. If BNF is able to take support at 9120, it will straight away move to 9305 and 9350.
On the other hand breaking and trading below 9087, will induce a short term correction in BNF prices , which could take the index to even 8970 with minor
supports at 9047 and 9000.
It promises to be yet another suffocating week for traders next week. Let us see how it turns out !!!
You can find weekly analysis of nifty future here
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.