Market Outlook 05-SEP-2012

Market Outlook 05-SEP-2012

We wrote yesterday that 5257 is crucical level for NIfty Future. Saw how Nifty future took support around that level and moved up?

Our premium readers minted in Maruti long.

5257 remains crucial level as market will open gap down today. 

Our weekly pick of JUBLFOOD continues to rock like a rocket!!!!

Today our picks are DLF for a long trade and TATASTEEL for a swing long trade.

200 is critical level for DLF.

NEXT: 5257 and MARUTI

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK(9th MAY- 13th MAY 2011)


Nifty future pivot is placed at 5465 next week.

Resistances are placed at 5595 and 5640.


Sustaining above 5655 will take nifty to 5730, 5770, 5830.




On the downside, break of 5380 will indicate huge trouble for nifty and index will correct to  5333, 5290 and 5200.

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

Nifty Trading Plan 24-September-2010

NIFTY OUTLOOK 24-SEP-2010


Readers would have minted the almighty dollar in Nifty trading today as 


nifty reversed from pivot level and fell all the way to breakdown level.


Nifty pivot level is placed at 5998 for tomorrow's trading.


6030 will be the strong resistance level.


The level to watch on upside will be 6047. 




Crossing this level nifty will annihilate all bears and move to 6076 and 6110.


On the downside, support is placed way down at 5950.




Break and trade below 5942 will invite trouble and index will correct to 5920, 5870 and 5850.




NEXT: When the pivot played Villain


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

MCX Gold Weekly Outlook - 12 April 2010 till 17th April 2010

GOLD

We had writen at 16290 will be strong support for Gold.

Gold exactly reversed from around 16290 and rallied 600 rupees from there.

What a great long trade !!!

GOLD

For the week ahead Gold will take support at 16724 if it needs to continue the upmove.

Reversal from 16724 will take Gold to 16890 and 17030.

Trading above 17035 with volumes next avenues for Gold are 17170 and 17292.

On the other hand breaking and trading below 16650 with volumes, Gold can give up all the gains of last week

and fall to 16381 , 16260 and 16120 in the coming week.

NEXT: BANK 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.