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

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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Trading in indian stock market - A look at last week

A COMEBACK OF SORTS


                  Nifty, JindalStel and TataSteel. 
3 perfect picks last week.


Nifty future achieved all targets as per this article


A profit of 20,000 rupees for 2 lots of nifty future.


JINDALSTEL achieved all targets as per this article


A profit of 35,000 rupees for a single lot of future !!!!


TATASTEEL achieved all targets as per this article


A profit of 25,000 rupees for a single lot of future.




A net gain of 80,000 rupees in a week!!!!


And all this with charts and free of cost at JerryTechnicals.




NEXT: A freaky friday

Indian Stock Market Weekly Pick

JINDAL STEEL & POWER LTD (JINDALSTEL)

For the coming week, JINDALSTEL will have strong resistance at 629.


Reversal from resistance will take the stock to 614,595 and 582.


Breakout level is 640.10.


Trading above 640.10 will take the stock to 655, 670.




NEXT: Nifty Future Weekly Outlook






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