Nifty Future Outlook
Bulls continued their march today and conquered 6000 level.
For tomorrow's trading, nifty future pivot is placed at 5980.
Support is placed at 5940. For nifty future trend to be negative, it must trade below
5928. In such a case, nifty will correct to 5905 and 5880.
The resistance level for tomorrow is placed at 6020 for tomorrow.
Above 6033 nifty will attempt to scale 6055, 6070 and 6090.
NEXT: Swing trade pick
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
Showing posts with label nifty analysis. Show all posts
Showing posts with label nifty analysis. Show all posts
Monday, September 20, 2010
Sunday, September 19, 2010
Indian Stock Market Weekly Outlook
Labels:
next week,
Nifty,
nifty analysis,
NIFTY levels,
Nse
NIFTY FUTURE WEEKLY OUTLOOK
Nifty future is showing a few warning signs in chart.
Please see the above chart for details.
5920 is the most significant level for nifty in the coming week.
This is the pivot level for nifty future.
If nifty trades above this level it will move to resistance level of 5970.
Reversal from pivot or resistance level will take nifty to 5867.
5830 is the support level for nifty future. Break and trade below 5810 will induce
correction and nifty will move to 5760 and 5720.
Trade above 5970 will induce fresh longs in nifty future and index will move to
6000, 6035 and 6070.
The short term swing target for nifty is 6130.
NEXT: Rakesh Jhunjhunwala on how to pick right stocks
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 future is showing a few warning signs in chart.
Please see the above chart for details.
5920 is the most significant level for nifty in the coming week.
This is the pivot level for nifty future.
If nifty trades above this level it will move to resistance level of 5970.
Reversal from pivot or resistance level will take nifty to 5867.
5830 is the support level for nifty future. Break and trade below 5810 will induce
correction and nifty will move to 5760 and 5720.
Trade above 5970 will induce fresh longs in nifty future and index will move to
6000, 6035 and 6070.
The short term swing target for nifty is 6130.
NEXT: Rakesh Jhunjhunwala on how to pick right stocks
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
Friday, September 17, 2010
Nifty Trading Plan 17-September-2010
Labels:
dow jones fibonacci,
Nifty,
nifty analysis,
NIFTY levels,
Trading
Nifty Future Outlook
Nifty future pivot has moved to 5855 for tomorrow's trading.
Reversal from this level will take nifty future to 5830 and 5815.
Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760
and 5740.
5900 is the level to be watched for resistance.
Above 5905 nifty will attempt to cross 5916 and 5930.
Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.
NEXT: Trade using simplicity
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 future pivot has moved to 5855 for tomorrow's trading.
Reversal from this level will take nifty future to 5830 and 5815.
Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760
and 5740.
5900 is the level to be watched for resistance.
Above 5905 nifty will attempt to cross 5916 and 5930.
Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.
NEXT: Trade using simplicity
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
Tuesday, September 15, 2009
Fibonacci @ indian stock market
Labels:
fibonacci confluence.,
Nifty,
nifty analysis
Flashback
In yesterday's post i had posted a nifty chart with fibonacci projections marked.
It leaves a follower of fibonacci with renewed admiration for the mathematical genius when things like this happen.
In the below chart you will see that the high of today is exactly 38.2 projection of the confluence zone. WOW!!!!.
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