Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 16-Feb-2011




Supports for nifty future: 5470, 5445, 5410


Breakdown level:  5390


Breakdown targets: 5365, 5340




Resistances for nifty future: 5485


Breakout level: 5503


Breakout targets: 5525, 5550


NEXT: Bulls all the way




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

Trading in indian stock market - A look at last week

BEARS OUT TO PLAY


 Nifty future achieved all our targets this week for shorts initiated at 5530.


Link

Readers would have made a profit of close to 40,000 rupees this week in two lots of nifty future
short trade.


Our weekly trading pick was HDIL. After gapping up and achieving first long target (this trade would not have been possible as stock did not come to long level), HDIL triggered short late wednesday afternoon. Thursday morning stock achieved target of 123 in no time.
A clean profit of 5000 rupees. Friday again HDIL triggered long level and zooomed to first target.
A clean profit of 6000 rupees.


Link


Yet another week, where readers clocked in 50,000 rupees.


Join me tomorrow where we will analyze nifty movement and see what is the pick for next week
trading. All with charts and perfect reasoning. 


All for FREE!!!!

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 11-02-2011


               After the pounding received at hands of bears, nifty could provide some relief to bulls 


by gapping up near 5245. Resistances : 5270


Break out level 5285


Breakout Targets: 5305, 5320




Supports: 5220


Breakdown level: 5200


Breakdown targets: 5185, 5170, 5155




NEXT: Bears all the way




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

Indian Stock Market Daily Outlook

NIFTY FUTURE 10-02-2011


Nifty future achieved our first swing short target.


For today's trading nifty future will have support at 5225.


Breakdown level is 5205.


Breakdown targets are 5180, 5150, 5125.




Resistances are placed at 5300 and 5318.


Breakout level is 5335.


Breakout targets are 5360, 5390.




NEXT: Bears on the prowl


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

Indian Stock Market Daily Outlook

NIFTY FUTURE 09-02-2011


NIFTY Future looks all set to achieve our target projected using fibonacci studies.

Readers who have been trading as per this chart would have minted the almighty dollar.




Todays trading levels:


Balance point: 5317


Support: 5285, 5260


Breakdown: 5250


Breakdown Targets: 5225, 5200.


Resistance: 5340, 5360


Breakout: 5375


Breakout target: 5405, 5430.




NEXT: Crash and Burn








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

Indian Stock Market Daily Outlook

NIFTY FUTURE 08-02-2011


Market balance point is placed at 5410 today.


Support is placed at 5390.


Break down level is 5370.


Breakdown targets are 5355, 5340,5320.




Resistance is placed at 5435


Breakout level is 5455.


Breakout targets are 5470, 5490, 5505.










NEXT: Indian stock Market weekly pick




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

Indian Stock Market Weekly Pick

HOUSING DEV & INFRA LTD (HDIL)


              HDIL chart makes interesting study.


Stock is at historical support levels. RSI is oversold however, momentum is at highest.

For the coming week, HDIL will have strong support at 133.


Reversal from support will take HDIL to 139, 144, 150, 155.


However breaking below 128 will mean disaster continues for HDIL.


It such a case, stock will drift to 123, 119, 113, and 103.






NEXT: Nifty future


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 16-June-2009

Flashback

Nifty from near short entry level fell all the way to 4th target .

Nifty from near long level achieved the first target of long.

HDIL crashed from short level to third target.

In short, readers would have enjoyed making money with the levels given yesterday.

Bear Level

Short nifty at retracement level of 4555 with 4580 as stoploss for targets 4510, 4480, 4450, 4415.

Bull Level

Buy nifty future at 4400 with stoploss at 4375 for targets 4450, 4480, 4510, 4545

There are no stock recommendations for tomorrow

Nifty Outlook 15-June-2009

Bear Level

Short nifty future at retracement level of 4625 with stoploss at 4650 for targets 4570, 4540, 4520, 4485

Bull Level

Buy Nifty at 4475 with stoploss at 4465 for targets 4520, 4540, 4570, 4620.

Bear Pleasure - HDIL

For monday trading short HDIL at 266 with stoploss at 270 for targets 256, 248, 244.

Positional traders can hold the short with same stoploss for targets 235 and 215 (In case the trade goes well, i shall update stoploss everyday).

"Mathematics is the only exact science. All power under heaven and on earth is given to the man who masters the simple science of mathematics" - W D Gann

Profit Tracker Week 08 June 2009 - 12 June 2009

Nifty Outlook 12-June-2009

Flashback

1) Readers who went long at nifty buy level would have got 75 points on upside.

2) Readers who went long in Renuka at 141 (which tantalizingly came to 139.15 which was near stop-loss level) would have booked 10 points

as the stock zoomed to 153.

3) Readers who went long in HDIL would have had the opportunity to book 15 points as the stock zoomed to 281

4) Readers who went long in Bharti Airtel would have the opportunity to book 40 points.

Bull Level

In the scenario of nifty future crossing 4703 buy at retracement to 4685 with stop-loss at 4655 for targets 4715, 4740, 4760, 4800.

Bear Level

In the scenario of nifty future breaking 4580, short at retracement to 4610 with stop-loss at 4637 for targets 4560, 4540, 4530, 4485.

ABAN - Getting support at support

Today ABAN got support at the critical level of 960 and moved up from there. We can expect the momentum to continue tomorrow.

For friday trading, in the scenario of aban crossing 1092, buy on retracement to 1075 with stop-loss at 1040 for targets 1130, 1170, 1210, 1250

Nifty Outlook 10-June-2009

Flashback

Nifty opened at weekly support level and moved up in a straight line.

Bull Level

Buy nifty future at retracement level of 4468 with stoploss at 4443 for targets 4502, 4560, 4610, 4650.

Bear Level

In case of gap up open, short nifty future at 4620 with stoploss at 4652 for targets 4560, 4530, 4502, 4485

HDIL - One Last Dance

Today HDIL took support at key support level. One can expect some follow up tomorrow.

For tomorrow trading,

buy HDIL on retracement to 265 with stoploss at 254 for targets 287, 302, 320