Indian Stock Market Outlook 28-JAN-2013

Market this week will be determined by RBI monetary policy.
Readers are advised to enter into trades after assessing the impact of RBI policy.


NIFTY

Next target for NIFTY is 6180.
For details on how to trade Nifty for this target contact us at jerrytechnicals@gmail.com


SUNTV

Buy SUN TV in range 439 - 436 with stop loss 433 for targets 445 - 450.
Time frame: 1 - 2 days


JINDALSTEL

Buy JINDALSTEL around 430 with stop loss 417 on closing basis for targets 455-460.

Timeframe: 1 week.


For more stocks join us by writing to us at jerrytechnicals@gmail.com



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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 postr. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

TRADING IDEA 05-Nov-2012 SUN TV Network Ltd

TRADING IDEA 05-Nov-2012

 SUN TV Network (NSE: SUNTV, BSE: 532733 )

Last week our traders minted money in CANARABANK, JP 

ASSOCIATES, M&M. We made HUGE profits.

We are holding 2 stocks currently one of which is MAHLIFE.

COMING WEEK

Next week we have retrograde, an important astrological event on Tuesday. This will be reflected in 

market by huge movement (upside or downside one will never know). Why is a technical analyst talking 

about astro? Well TA is the study of price patterns  and I have observed that during retrograde price 

does move in a huge manner. There are some things beyond our control I guess.

US Elections are also on Tuesday.

Our trading idea for blog readers is SUNTV: SUNTV is looking bullish on charts. 

Buy SUNTV around 335 with stop loss 320 on closing basis for targets 365-370

Time frame: 5 – 7 days.

In case market turns weak, short picks will be updated realtime for our subscribers.

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

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Indian Stock Market Holiday

Update on trades

     Today 19-SEP-2012 is a holiday for NSE and BSE.

Following are list of holidays for the year (source: www.bseindia.com)

List of Holidays - 2012           Holidays Date Day 1 Republic Day 26th January 2012 Thursday 2 Mahashivratri 20th February 2012 Monday 3 Holi 8th March 2012 Thursday 4 Mahavir Jayanti 5th April 2012 Thursday 5 Good Friday 6th April 2012 Friday 6 Maharashtra Day 1st May 2012 Tuesday 7 Independence Day 15th August 2012 Wednesday 8 Ramzan Id 20th August 2012 Monday 9 Ganesh Chaturthi 19th September 2012 Wednesday 10 Mahatma Gandhi Jayanti 2nd October 2012 Tuesday 11 Dussera - Vijaya Dashmi 24th October 2012 Wednesday 12 Diwali Amavasya (Laxmi Pujan)* 13th November 2012 Tuesday 13 Diwali Balipratipada 14th November 2012 Wednesday 14 Gurunanak Jayanti 28th November 2012 Wednesday 15 Christmas 25th December 2012 Tuesday

So what have been doing this week so far? 

Absolutely nothing :-)  

We bought JINDALSTEL at 340. Stock rocked to 400+ levels. We booked

We bought SUNTV at 308. Stock rocked to 335+ levels. We have partly booked. 

We have entered new position in TVS MOTORS. 

Apart from these nothing else. We specifically asked our readers not to trade Nifty on Monday and Tuesday.

As the great traders of the past have taught us - One needs to know when not to trade too!!!

All our trades have clear entry, SL and targets. We do not give two sided view. Clear, focused, and 

sniper trades. Why not join us? Contact us for trial  (for a trial request, kindly email us jerrytechnicals@gmail.com) 

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Nifty Outlook 22-May-2009

Flashback:


Nify triggered short level and went to target1 while divis was up one way. Readers who went long near long level would have made good profit.





Bear Level


Short nifty futre at retracement level of 4255 with stoploss at 4285 for targets 4207, 4180, 4155.





Bull Level


Buy nifty future crossing 4290 on retracement level at 4275 with stoploss for 4250 for targets


4325, 4355, 4375.





Looking Good : SUNTV

SUNTV has taken support at lower channel and looks good to move to higher levels.
For friday trading, buy suntv at around 265 with 256 as stoploss for targets 280, 304, 314.
As the stock may be influenced by today's political scene, readers should do the trade in spot in low quantities to minimize risk.