DAILY MARKET OUTLOOK 10-JAN-2012

DAILY MARKET OUTLOOK 10-JAN-2012

Readers will surely remember our strong chart reading on PVR LTD.

See here : http://jerrytechnicals.blogspot.in/2012/12/flag-pattern-in-pvr-ltd.html

This is the power of charts. PVR already reached 314. Our subscribers are counting money in bank.

In this sideways market which analyst is giving you this returns with proper explanation of chart patterns?

Trade to make a difference to your financial status. Otherwise quit trading!!!


SUNTECK REALITY LTD

SUNTECK has given a break out.

See attached chart.








Buy SUNTECK around 473 with stop loss 464 on closing basis for targets 500 - 520.




For NIFTY and other stocks, join us. Send email to jerrytechnicals@gmail.com for more details.


NEXT

Disclaimer: This is not a recommendation/ solicitation of any order to buy or sell, but my 

view on indian stock market. I assume no responsibility for any opinion or statement made 

in this news letter. Readers are urged to exercise their own judgment in trading. Readers 

shall solely be responsible for profit/loss

Nifty Trading plan 30-November-2010

NIFTY FUTURE OUTLOOK


               Nifty future market balance point is at 5841 for today's trading.


Support for nifty future is at 5810-5805.


Break below 5790 will induce correction and nifty will move down to 5755,  5725.


5870-5880 will be the resistance level for nifty future today.


Trading above 5891 nifty future will move to 5910, 5930 and 5950.






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

ACC and HDFC BANK Follow up

The tale of a long and short trade

              I had recommended two stocks in my weekly outlook.

One was for long trade and other was for short trade.

ACC  long rocked as the stock went through the roof after coming to entry point.

HDFC bank reached the short trade entry point and crashed like nine points

to the target given.

A whooping profit of Rs. 20,000 with a single lot trade in each future.

As usual readers who followed us printed the almighty dollar !!!!

Read: ACC & HDFC

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