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 Daily Outlook

NIFTY FUTURE OUTLOOK 13-04-2011




Nifty future will get resisted at 5820 level tomorrow.


Above 5840 nifty will move to 5865, 5985 and 5915.


Reversal from resistance level will take nifty future to 5795, 5780, 5765.


Trading below 5760 will take nifty to 5745, 5730 and 5710.

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 - 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