Showing posts with label resistance. Show all posts
Showing posts with label resistance. Show all posts

Friday, December 10, 2010

Nifty Trading Plan 10-December-2010

NIFTY FUTURE OUTLOOK


             
Readers would have minted the almighty dollar in nifty short trade as written in this 


column yesterday.




Today's key levels:




Market Balance Point : 5760


Support: 5725, 5695.


Crash level: 5671


crash targets : 5630, 5585, 5555




Resistance: 5812, 5835


Rocket level :  5860


Rocket targets: 5910, 5950, 6000.








NEXT: A beautiful short


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





Thursday, December 9, 2010

Nifty Trading Plan 09-December-2010

NIFTY FUTURE OUTLOOK


           Readers who went short in nifty as written in this column yesterday would have
minted the almighty dollar.




Nifty Market Balance Point : 5929


Nifty resistance: 5971


Nifty breakout: 5986


Nifty breakout targets : 6006, 6020, 6045.


Nifty support : 5888


Nifty break down: 5870


Nifty break down targets : 5845, 5820, 5800




NEXT: A beautiful short

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 28, 2010

Trading with EMA and pivots

Today was a perfect day for trading with ema and pivots for followers of this blog.


See how nifty got resisted at pivot level and supported at the key support level exactly as


written in this column yesterday.










NEXT: NIFTY 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

Thursday, September 9, 2010

NIfty Trading Plan 09-September-2010

NIFTY FUTURE OUTLOOK


As written in this column, nifty future reversed from resistance and fell in a straight line.


For today's trading, pivot remains at 5596. Resistance is placed at 5630.


I have mentioned this before, there is a lot of fibonacci confluence resistance at 5640 level.


Only if nifty trades above 5647, further upmove can be expected.


In such a case it can move to 5667, 5687 and 5700.


Reversal from pivot or resistance can take nifty future to 5560 which is strong support area.


For nifty future to be weak, it must break and trade belwo 5545. In such a case bears will hammer


nifty to 5525 and 5500.


NEXT: Reversal from resistance


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 7, 2010

NIfty Trading Plan 08-September-2010

Nifty outlook


After achieving all the weekly targets, nifty went into a narrow range today.


LIC broke 1202 and is already close to target 1.


5590 is the pivot level tomorrow for nifty future.


5625 is the resistance area.


Reversal from either pivot or resistance will take nifty to 5555.


Break and trade below 5540 will invite trouble and index will move to 5520 and 5500.


For nifty to trade in green, it must cross and trade above 5640.


NEXT: nifty pauses


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 07-September-2010

NIFTY FUTURE OUTLOOK


Readers who traded long above 5510 as per weekly outlook would have


minted the almighty dollar as nifty zoomed to achieve all targets given.


Those who missed this article can access it here.


In our weekly basket of stocks RELINFRA and SBIN are outperforming.


LIC Housing, is yet to take off.


For today's trading, 5565 will be the pivot level for nifty future.


Nifty future will have strong resistance at 5602. Crossng 5616 nifty will move to 5640


which is the confluence level for multiple fibonacci resistances.


Support for nifty future is placed way down at 5533. Breaking 5518 nifty will move down to


5495.


NEXT: STOCKS THAT ZOOM


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, September 4, 2010

Best of last week

BEST OF LAST WEEK


Weekly outlook: The center piece of our trading activities at JerryTechnicals.


All the action during the week is a subsystem of this.


A beautiful short trading plan



We are traders. The very next dat we will go long and make money.


A very good week for readers of jerrytechnicals.


We are invested in tata investments and finolex cables and are currently


in swing long trade of unitech.

Friday, September 3, 2010

Nifty trading plan 03-September-2010

NIFTY OUTLOOK


Pivot level for nifty future is at 5492 today.


5525 is expected to be resistance area and above 5540 nifty future will


blast to 5560, 5580 and 5600.


On the downside, 5457 will act as strong support for nifty.


Break and trade below 5442 will lead to correction and


nifty will move to 5422, 5402 and 5380.


NIFTY: THE GREAT LONG TRADE


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

Wednesday, September 1, 2010

Nifty Trading Plan 02-September 2010

NIFTY FUTURE OUTLOOK


Nifty traded at our resistance level for 2 hours, moved to 5412 and then zoomed.


Crossing our breakout level of 5441, there was no stopping bulls, just like what we


had written yesterday in this column. Nifty then proceeded to hit our target 2 in


a matter of minutes.


For tomorrow's trading the pivot level is placed at 5468.


Resistance is placed at 5502 and above 5518 the bull saaga will continue and


nifty will move to 5535, 5535 and 5575.


Support level is placed at 5435.


For nifty to slip into the negative, it must trade below 5421.


In such a case, nifty future will move to 5400 and 5380.


NIFTY: THE GREAT LONG TRADE


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, August 31, 2010

Nifty Outlook 01-September 2010

NIFTY FUTURE TRADING PLAN


Readers who went short in nifty as per yesterday's column would


have minted the almighty dollar as nifty reversed from pivot level


and fell all the way to first target.


Pivot level for tomorrow is placed at 5380.


Support will come in at 5360.


Reversal from support or pivot level will take nifty future to 5425 which will


act as resistance for nifty.


Trading above 5441 will induce a change in nifty trend and bulls will nifty to


5460, 5480 and 5505.


Break and trade below 5346 will indicate continuing weakness and index will correct to


5325, 5305 and 5280.


NEXT: THE REVERSAL FROM PIVOT


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

Monday, August 30, 2010

Nifty Trading Plan 31-Aug-2010

NIFTY FUTURE OUTLOOK


Readers who traded as per our weekly outlook would have printed the


almighty dollar today as nifty future exactly reversed from 5465 and fell


to support area as mentioned in the weekly column.


For tommorow's trading 5415 is the pivot level.


Support for nifty future will come in at 5393.


Break and trade below 5379 will take nifty future to 5358, 5340 and 5318.


On the other hand resistance will come in at 5460.


Inorder for nifty to regain positive territory it must trade above 5475.


In such a case nifty future will move to 5495, 5510 and 5535.


NEXT: THE PERFECT SHORT


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, August 27, 2010

Nifty August 27-Aug-2010

NIFTY TRADING PLAN


What an expiry day. Everything went exactly as per plan.


The continous moving pivot is at 5476 for today's trading.


5442 will provide strong support for nifty future today.


Break and trade below 5430 will indicate trouble and nifty will move to


5408 and 5388.


Overhead resistace will come in at 5510 and trading above 5520 ,nifty will


fire to 5545, 5565 and 5585.


NEXT: UNEVENTFUL Expiry Day


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

Wednesday, August 25, 2010

Nifty Trading Plan 26-Aug-2010

NIFTY FUTURE OUTLOOK


Readers who traded as per our plan would have made good profits on a topsy turvy day.


Tomorrow is expiry and as usual expect it to be a wild day.


The continous moving pivot has moved to 5475.


Trading below this level will take nifty future to 5440.


Trade below 5430 will indicate trouble and nifty will move down to 5406.


On the other hand, resistance is placed at 5507.


For bulls to enjoy on an expiry day, nifty must trade above 5520.


NEXT: Short at resistance


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, August 24, 2010

Nifty outlook 25-Aug-2010

NIFTY FUTURE


Nifty future is suffering from expiry jitteries.


How will it unfold tomorrow? Let us examine in detail.


5544 will be strong resistance for nifty future tomorrow.


Inorder for nifty to be in strong zone, it has to cross 5557.


In such a case nifty will move to 5578 and 5600.


On the other hand, support will come in around 5475 tomorrow.


Breaking and trading below 5463, bears will bulls a run for their money


and nifty will correct to 5440 and 5420.


NEXT : UNITECH TRADING IDEA


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, August 20, 2010

Nifty Trading plan 20-Aug-2010

NIFTY FUTURE:


Nifty pivot is placed at 5521 for today's trading.


5487 will be support and for bullishness to be in tact nifty future should 5472.


Break and trade below 5472 will induce correction and nifty will move to


5452, 5432 and 5412.


On the upside resistance will be at 5555. 5570 will be the breakout point and nifty will move to 5590 and 5610.


NEXT: BULLS ON FIRE


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, August 17, 2010

Nifty Trading Plan 18-Aug-2010

NIFTY FUTURE


Nifty reversed exactly from the resistance area mentioned in


yesterday's column .


For tomorrow's trade in nifty future, pivot level is at 5426.


Resistance is at 5459. Trading above 5471 will take nifty future to 5505, 5530.


Support level is at 5390. Break below 5382 will indicate weakness and bears will maul nifty to


5355, 5355 and 5315.


NEXT: SHORT AT RESISTANCE


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 17-Aug-2010

NIFTY FUTURE


Readers who went short in nifty today as per (link) would have printed the almighty dollar today,


as nifty crashed from the resistance area.


For tomorrow's trading, nifty future will face resistance at 5445 region.


Trade above 5470 will restore bullishness in nifty and will take nifty to 5490, 5510 and 5530.


5390 is support for nifty future.


Break below 5375 will be heartbreak for bulls and index will correct to 5355, 5335 and 5315.


NEXT: Nifty weekly outlook


Did you like the above post ? Why not send it to your friends ?


Tell a Friend


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

Sunday, August 15, 2010

Weekly Outlook Indian Stock Market

NIFTY FUTURE - WEEKLY



Nifty future CMT level has moved to 5445.


Nifty will have resistance at 5480 level next week.


Trading above 5495 will take nifty to 5545 and 5600.


On the downside 5430 and 5400 will be support level for nifty future.


Break and trade below 5367 will invite trouble for bulls and index will correct to 5250 and 5225.


NEXT: Best of last week


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, August 14, 2010

Best of last week

Nifty future exactly reversed from resistance area mentioned in my weekly post.


Link:


Where did the reversal end ? Yes exactly at the first target .


Gold reversed from exactly the short level and hit our first target.


Link:


RELINFRA short would have already yielded money for the aspiring reader.


Link:


We answered a query from a reader on IOB


Link:


Our investment pick of TATA INVESTMENT rocked on the upside


Link:


Get the word out. Share with your friends:


Tell a Friend


Thursday, August 12, 2010

Nifty Trading Plan 13-Aug-2010

NIFTY FUTURE


For tomorrow's trading the CMT (continous moving pivot) has moved to 5412.


Nifty will face selling at 5445 - 5450 area.


Reversal from this region will take nifty to 5412, 5375.


Trading above 5460 will take nifty to 5480, 5500 and 5520.


Break below 5365 will invite selling and nifty will move down to 5340, 5325 and 5305 in no time.


NEXT : Investment Pick


Did you like the above post ? Why not send it to your friends ?


Tell a Friend


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

World Markets (delayed)