DAYTRADING BHARTI AIRTEL12MAR2014

INDIAN STOCK MARKET OUTLOOK 12MAR2014

BHARTI is consolidating at oversold region.

I will buy BHARTI above 307.5 in cash with stop loss 304.5 for targets 312-315.

BHARTIARTL daily chart

Disclaimer:

This is not to be interpreted as a trading recommendation. This is a personal trade shared for educational purpose only. Risk of all trades remains with reader of this blog

BHARTIAIRTEL day trade 10MAR2014

INDIAN STOCK MARKET OUTLOOK 10MAR2014

To start with, my trading record from last week. We were able to execute only one trade, the rest two trades were not triggered. I believe in being patient and executing the trades only when levels are triggered. Only well disciplined traders succeed in market, especially in the super competitive world of day trading.

Starting capital: 200000

DATE	STOCK	BUY	SELL	Qty	Profit	Capital
04-03-2014	TECHM	1890	1904	105	1470	201470

DAY TRADE OPPORTUNITY IN BHARTI AIRTEL

BHARTIARTL has made a reversal from oversold region, and momentum indicators seem to suggest further move on monday.

I will buy BHARTI at 296 with stop loss of 290.5 for targets 301-305.

BHARTIARTL daily chart

Disclaimer:

This is not to be interpreted as a trading recommendation. This is a personal trade shared for educational purpose only. Risk of all trades remains with reader of this blog

STOCK OF THE DAY 17-JAN-2012

NSE BSE OUTLOOK 17-JAN-2013

HINDALCO

Please see below chart. HINDALCO has retraced 61.8% of its recent upswing and this generally is where support comes in for the stock.

Buy HINDALCO at opening with stop loss 122 on closing basis for targets 135 - 145.

Time frame 1 - 2 weeks.

If you are interested in having rock solid levels on Nifty and other stocks please email us at jerrytechnicals@gmail.com

NEXT: BHARTI

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

Indian Stock Market Weekly Outlook 1st October 2012

BULLS CONTINUE TO RULE
       As we discussed in our last post, we were long in JINDALSTEL, SUNTV and TVS MOTORS.
All 3 stocks outperformed to give superior returns.

We tried short selling also with mixed results. We made huge money in Oriental Bank of Commerce while lost money in JSWSTEEL short.

SO where is market headed? 
All technical indicators are in positive zone and some of them even in the overbought zone. 

On the daily chart some divergences have started to show up. 

Does this mean we are ready to short the market?

At JerryTechnicals we will follow market wherever it goes. Our readers will watch two levels for next week.

1) 5870 - This is the near term target from which market can go into correction mode. 

2) 5640 on NF and 5600 on Nifty spot. Close below these levels will take the index down to 5355-5250  levels.

What are the stocks to keep watch on:

1) TATASTEEL - This stock looks like it will come out of trading range and give a huge move in next 2 weeks.

2) AXIS BANK - High Beta stock- Keep trading the direction of Nifty. 


One should avoid preempting the market at this stage. Go with the flow is our take.


For more details and questions how you can profit from clear cut trading ideas contact us at jerrytechnicals@gmail.com

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Nifty Outlook 08-June-2009

Bull Level

In the scenario of nifty future crossing 4650 buy at retracement to 4630 with 4610 as stoploss for targets 4675, 4700, 4740.

Bear Level

In the scenario of nifty future breaking 4525, short at retracment level of 4540 with stoploss at 4560 for targets 4505, 4485, 4470.

For the entertainment of Bears

Mcdowell is not able to sustain above 1000. If market turns weak tomorrow, it will come under heavy attack from bears.

For monday trading, short mcdowell at retracment level of 955 with stoploss at 975 for targets 925, 900, 885

For the eyes of bulls only

Bharti Airtel put in a subdued performance last week. This week , if nifty sustains its upmove, expect airtel to outperform.