INDIAN STOCK MARKET TRADING - POSITIONAL TRADES DONE LAST WEEK
Readers would have minted the almighty dollar in nifty future as it reversed from resistance
level given in this column and crashed to all targets given.
An readers would have obtained a profit of 20,000 rupees on just 2 lots of nifty.
Those who missed the article can access it here.
We recommended two stocks this weak. 1) Sesa Goa 2) Nagarjuna Constructions.
SeasGoa, without moving to entry point, zoomed up.
No trade would have been possible in this script.
Nagarjuna constructions on the other hand broke 142 and fell to 134 on the very same day. In fact
with in a matter of hours. A clean profit of 11,000 rupees taking the weekly gain to 31,000 rupees.
What a beautiful start to new year for jerry technicals.
SESAGOA: http://jerrytechnicals.blogspot.com/2011/01/indian-stock-market-weekly-pick.html
NAGARCONST: http://jerrytechnicals.blogspot.com/2011/01/indian-stock-market-outlook-05-jan-2011.html
Join us tomorrow for nifty analysis and pick of the week
Saturday, January 8, 2011
Trading in indian stock market - A look at last week
Labels:
31000,
Bank Nifty,
Free tips,
indian market,
weekly target
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2 comments:
great sir
i follow your nifty levels sir, i have one clarification. Once the BD or BO triggers, what SL needs to be considered..does trading above/below MBP for 15 min time frame becomes the SL. for eg on thursday 6050 was breakdown, so what would be SL in such case? Kindly revert...VN
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