Showing posts with label jswsteel. Show all posts
Showing posts with label jswsteel. Show all posts

Saturday, May 21, 2011

Money Money Honey Honey


Readers who followed our trading reccos would have minted the almighty dollar.

Yes, we did laugh all the way to bank last week.


Trades done this week:












NEXT




Friday, May 20, 2011

Indian Stock Market Daily Outlook

JSWSTEEL - Intraday trading idea 20-MAY-2011


Readers who went long in nifty future today at 5410 will have made a profit of 
2500 rs in two lots of future. Considering the fact that nifty traded in a narrow range of 40 points,
we were able to capture 25 points of that move @jerrytechnicals.




Trading idea for today's trade: JSWSTEEL


Short sell JSWSteel around 940 with stop loss at 951 for targets 929, 922, 915.


Reversal targets: 962, 970.




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





Saturday, January 22, 2011

Trading in indian stock market - A look at last week


A look at last week


What a trading week for readers of jerrytechnicals.


Nifty traded the whole week between the balance point and resistance as stated in 
market outlook. Those who missed it can access it here


Our weekly trading pick was CORPORATION BANK. CORPBANK rocketed from our levels and moved to target zone . Readers would have made a killing in this scrip


Our next pick of the week was JSWSteel. JSW Steel came to long entry point and zoomed to the targets given in flat 3 hours.


Join me tomorrow where we will have a look at what nifty might to do next week
and explore trading setups for stocks and futures.




With just 3 trades, readers would have made upwards of 50,000 rupees this week. All this for free :-)


As the age old saying goes - 'Trade less but wise'






NEXT: A calm friday

Thursday, January 20, 2011

Indian Stock Market Daily Outlook

NIFTY FUTURE 


Market balance point for nifty future is placed at 5715 for tomorrow.


Supports are placed at 5695 and 5675 respectively.


Break down level is placed at 5660.


Break down targets are 5634, 5608 and 5585.


Resistances are placed at 5745 and 5765 respectively.


Breakout level is 5778.


Breakout targets are 5805, 5835 and 5850.


NEXT: See how readers made a fortune on JSW Steel

Meanwhile Our pick of CORPBANK continues its uptrend.

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















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