Nifty Outlook 12-October-2009

Flashback

Nifty triggered 4972, retraced to 4997 and fell to 4930 on friday, enabling readers to have a perfect trade.

Bear Level

Short nifty future around 4982 with stop loss at 5010 for targets 4930, 4905, 4850, 4800.

Bull Level

Nifty future crossing 5010 buy on retracement to 4970 with stop loss at 4930 for targets 5020, 5035, 5055.

ABAN- Classical Sell Signal on Charts

ABAN has made a classical sell pattern on charts.

For monday trading short sell aban future around 1632 with stop loss at 1648 for targets 1580, 1545, 1509.

BANK NIFTY FUTURE SUPPORT AND RESISTANCE LEVELS FOR MONDAY

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.

Technorati : ABAN, BANKNIFTY, Day Trading, Fibonacci, Nifty, Nifty October, Nifty Outlook

Del.icio.us : ABAN, BANKNIFTY, Day Trading, Fibonacci, Nifty, Nifty October, Nifty Outlook

Zooomr : ABAN, BANKNIFTY, Day Trading, Fibonacci, Nifty, Nifty October, Nifty Outlook

Flickr : ABAN, BANKNIFTY, Day Trading, Fibonacci, Nifty, Nifty October, Nifty Outlook

Profit Tracker 29June2009 - 03July2009

Nifty Outlook 02-July-2009

Flashback

Readers who went long near the long level of nifty would have printed out the almighty dollar as nifty zooomed to third target of 4360 in a virtual ly straight line.

The adventurous trader who went short at 4360, the short level would have bagged home close to 60 points.

ABAN was set on fire at 850 and comfortably surpassed the second target given.

Bull Level

In the scenario of nifty future crossing 4367 buy at retracement level of 4350 with 4320 as stoploss for target 4390, 4415, 4440.

Bear Level

Short nifty around 4440 with stoploss at 4465 for targets 4410, 4370, 4340.

There are no stock recommendations for tomorrow.

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 Outlook 01-July-2009

Flashback

Readers who went short near bear level would have printed out the almighty dollar as nifty crashed to achieve all targets on the downside.

Although ACC crashed to the targets given, readers may not have been able to take advantage of it as it came nowhere near short level of 810.

Bull Level

Nifty is near key fibonacci support level of 4235 .

In case of gap down buy nifty at 4228 with stoploss at 4190 for targets 4301, 4330, 4360

Bear Level

In case of flat opening short nifty future around 4360 with stoploss at 4385 for targets 4301, 4270, 4230.

ABAN - Will the support , support ABAN

ABAN has strong support at 850 and tomorrow this support might get tested in a gap down scenario.

For wednesday trading, buy ABAN at 850 with 833 as stoploss for targets 874, 900, 930.

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.

Profit Tracker Week 08 June 2009 - 12 June 2009

Nifty Outlook 15-May-2009

Bull Level




Buy nifty future on break of 3655 with stoploss at 3625 for targets 3690, 3700, 3725





Bear Level




Short nifty future breaking 3568 with stoploss at 3593 for targets 3535, 3515, 3495





ABAN at resistance level










If ABAN is unable to trade above strong resistance level of 528 tomorrow, it will come under heavy attack from bears. In such a scenario, intraday traders can short with opening highs as stoploss for targets 508, 495, 482. Positional traders can maintain a closing stoploss of 528 for a target of 462.