Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK

Nifty future supports for the week are placed at 5825 and 5790.


Breakdown level is 5762. 


Break down targets are 5710 and 5655.


Nifty future resistances for the week are 5889, 5930,  5965.


Weekly breakout level is 5990.


Breakout targets are 6050 and 6080.

NEXT

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

Gold Weekly Outlook

COMEX GOLD

          



After the job data was announced, last week Gold crossed the $1400 mark for the first time after 


November.

In the above chart readers can also see a failed H&S pattern.


Market balance point for gold is placed at 1400 for this week.


Resistances are placed at 1423, 1451 and 1472.


Supports are placed at 1398, 1380, 1367.




RSI is not in overbought stage. MACD has made a positive crossover above zero.


Chart indicates that gold will move higher to meet the resistances as stated above.


For Gold outlook to turn negative it must close below 1367, in which case it will 


crash to 1340, 1315 and 1300 levels.


NEXT: NIFTY FUTURE 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

Nifty Trading Plan 03-December-2010

NIFTY FUTURE OUTLOOK


              The market balance point for nifty future is placed at 6025 today.


Trading above 6025, nifty future will move to 6058 and 6070.


Trading above 6073 will take nifty future to 6130, 6145 and 6165.




Support for nifty future is placed at 5978.


Break below 5963 will take nifty down to 5945, 5925 and 5900 levels.




NEXT: Gap up and away




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 Trading Plan 02-Dec-2010

NIFTY FUTURE OUTLOOK


           Market balance point for nifty future is placed at 5970 for tomorrow.


Supports for nifty are placed at 5945 and 5915.


Break and trade below 5910 will take nifty to 5885, 5850 and 5830.




Resistance for nifty future is placed at 6005 and 6020.


Trading above 6035 will take nifty future to 6065, 6095 and 6120.




NEXT: NIFTY 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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK


                 Readers who traded as per last week's outlook would have made close to 30,000 rupees
in just two lots trade of nifty.  Those who missed the article can access it here.


The market crashed in a wave of scams and poor results. 


Let us see what is in store for traders this week.

Nifty Spot

The market balance point for nifty future is placed at 5825.


Nifty will get resisted at 5895 and 5940.


For nifty to reverse the current trend, nifty future needs to trade above 5980.


Doing so nifty will zoom past last week's high an move to 6050 and 6125.


On the downside, nifty future will get support at 5750 and 5710.


Break and trade below 5670 will mean trouble and nifty could correct to 5595 and 5525.


The week ahead promises to be one packed with action. Join us on weekdays where 


we will track every little move of nifty.


Trade Rich !!!!




NEXT: Yet another short trade in the name of scam


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 Trading Plan 23-November-2010

NIFTY FUTURE OUTLOOK


          Readers of the blog would have minted the almighty dollar as nifty moved from


5925 to 6025 exactly as written in this column yesterday. Those who missed the article can access it 


here.


Market Balance point for nifty future is placed at 6005.


Nifty future will have resistance at 6030 and 6050. Trading above 6065 will take nifty future to 


6095, 6125 and 6140.


Nifty future support is placed at 5975, 5959. 


Break below 5940 will induce correction and nifty will move down to 


5910, 5875, 5855.




NEXT: NIFTY 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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK


           Expiry week is here. Readers who went through our weekly article last week 


would have had no problem in navigating the twists and turns of the market. 


For this week, market balance point is placed at 5925.

Nifty chart

Resistance of nifty is placed at 5990 and 6030.

For nifty to trade in positive zone it must cross 6068.

In such a case nifty will move to 6140, 6210, 6250.

Support for nifty future is placed at 5850 & 5810.

Break below 5775, will take nifty to 5700 and 5630.

NEXT: chart predicts doom

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 Trading Plan 19-November-2010

NIFTY FUTURE OUTLOOK


   Readers of the blog  would have minted the almighty dollar in nifty future


in yesterday's trade as nifty reversed from resistance to support and from support 


to resistance. Those who were unlucky to miss out yesterday's article can access the 


same here.


Readers who entered weekly short in RELINFRA would be richer by Rs 20,000 on a 
single lot of trade as the stock crashed to 971. 


Those who missed the article can access it here.


For today's trading market balance point is placed at 6020.


5983 is strong support level for nifty future today.


Reversal from 5983 will take nifty to 6055, 6075 and 6105.








Break below 5955 will indicate that yesterday's upmove was a flash in the pan 


and nifty will nose dive to 5915. 5900-5895 remains the last line of support for nifty 


below which expect nifty to fall to 5845 and 5825 in no time.

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

NEXT: Money Tree

Nifty Trading Plan 18-November-2010

NIFTY FUTURE OUTLOOK


          The market balance point for nifty future is placed at 5985 tomorrow.


If nifty takes support at this level and reverses, it will move to 6020, 6045.


Break out will be above 6066 and targets for the BO are 6105 and 6145.


Trade below 5960 will take nifty to 5945 and 5920.


Last line of support is 5900.


If this support doesn't hold nifty will move down to 5865 and 5825 in no time.




NEXT: Yet another holiday

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 Trading Plan 16-November-2010

NIFTY FUTURE OUTLOOK 


  Readers who short sold RELINFRA at 1055 today would have minted the almighty dollar
as the stock crashed to 1020.


Those who missed the article can access it here.


For tomorrow's trading, the market balance point for nifty future is placed at 6120.


Support for nifty is placed at 6085.


Break below 6070 will invite trouble and nifty will 6050 and 6030.


Break below 6010 is serious trouble and nifty will tank to 5960.




Resistance for nifty future is at 6160.


Break and trade above 6178 will take nifty to 6198, 6210 and 6230.




NEXT: Nifty 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

Indian Stock Market Weekly Outlook

Stocks for trading in the coming week




RELINFRA
            
           IF relinfra future breaks 1037 , it can retrace to 1055.


Trading idea is short at retracement and hold for targets of 1025, 1002 and 985.


1068 can be maintained as stop for this trade.




NEXT: Nifty 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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK


                  Nifty future reversed exactly from weekly resistance level as mentioned


in this column last week. Those who missed the article can access it here.


Readers who did the article would have made a minimum of 25,000 rupees in just lots


trading of nifty future. 

For the week ahead , Market balance point for nifty future is placed at 6131. 


Support for nifty future is at 6088 level.


Break below 6074 will mean more correction in the offing and nifty will move to 


6045 and 5980. 


Break below 5980 can mean serious trouble and index can fall to 5945 and 5910.




Resistance for nifty future is placed at 6178 and 6210.


Nifty needs to cross and trade above 6245 in order for trend change to occur.


In such a case, nifty future will move to 6320, 6380 and 6420.


Join us next week where we will track day by day movement of nifty and generate 


trading ideas.




NEXT: Money Tree

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 Outlook

NIFTY FUTURE WEEKLY OUTLOOK


Last week nifty traded as per our expectations. 


Readers can access that article here. The article predicts and explosive move in nifty, which 


is just what happened last week.


For the coming week, nifty is placed at a very interesting juncture.

The market balance point for nifty future is placed at 6265 next week.


Supports come in at 6225 and 6180.


Trading below 6175 will introduce correction in nifty and it will correct to 6125 and 6100.


Break of 6095 will put the whole upmove at risk and nifty will move down to 


6050 and 6005.


Resistances for the next week are placed at 6346 and 6380.


6405 is the BO level above which, nifty will move to 6451 and 6490.






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

Stocks for trading 02-November-2010

INTERESTING STOCKS TO TRADE - HDFC

HDFC looks good for trading tomorrow.

For HDFC future,

 Long Level: 705.

SL: Low of first 15 minutes (or below 700) whichever is lower).


If HDFC sustains above 705, it will easily move to the targets of


720, 735 and 750.


NEXT: NIFTY FUTURE 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

Nifty Outlook 02-November-2010

NIFTY FUTURE OUTLOOK

Indian Stock Market Weekly Outlook

Stock to watch out for this week


TATA MOTORS

    Short level : 1180
    Stop loss : 1188


   Targets : 1134, 1115, 1075.




   Long level : 1188
   Stop loss: 1170


  Targets: 1220, 1240.




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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK

Nifty future traded as per our expectations last week. 
Last week' article can be accessed here.


For the week ahead Market Balance Point for nifty future is placed at 6025.


Nifty will get resisted at 6075 and 6105. 


These are Fibonacci confluence resistance and expected to provide strong resistance.


6140 is the weekly break out level . Above this level nifty is expected to out perform


and move to 6190, 6220, 6240 and 6290.




On the downside, strong support for nifty exists at 5975. 


5940 is a long term pivot support. 


Nifty will play into the hands of bears if it breaks 5915. 


In such a case nifty will crack to 5865 and 5820.




It promises to be an action packed week with explosive moves on both side.


We will be tracking day by day movement here at JerryTechnicals. 


Everyone is invited !!!.


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




NEXT: Bears the Menace

Nifty Trading Plan 29-October-2010

NIFTY FUTURE OUTLOOK




Readers of the blog would have minted the almighty dollar  in yesterday's trade in nifty future


as it moved from support to resistance level and reversed from resistance level and hit BD level


as mentioned in yesterday's column.

A wild ride of profits for the aspiring reader.


6051 is the Market balance level for nifty future. 


Reversal from 6051 will take nifty future to 6030, 6010 and 5990.


Below 5990, nifty will crash like nine pins to 5925 which is the swing target.


However trading above Market balance level of 6051 will take nifty future 


to 6080, 6105, 6125 and 6145.


6145 - 6150 zone will act as strong resistance for nifty future in the coming days.


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




NEXT: A perfect expiry

Nifty Trading Plan 28-October-2010

NIFTY FUTURE OUTLOOK

      Readers who shorted nifty future as per yesterday's article would have minted the almighty dollar 


as nifty tanked by 100 points from short level. 


For tomorrow's trading the Market Balance Point is at 6038.


Resistance for nifty future is at 6075. Break out will be above 6091.


Trading above 6091, nifty future will move to 6115, 6135 and 6150.


Support for nifty future is at 6000.


Break below 5985 will indicate real trouble and nifty future will move down to 


5960, 5945 and 5925.


NEXT: Short means -> money in short time




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 Trading Plan 27-October-2010

NIFTY FUTURE OUTLOOK


        For today's trading Market Balance Point is placed at 6110.


Resistances for nifty future are placed at 6130, 6148.


If nifty breaks and trades above 6165 , it should be considered a breakout and nifty will 


rock to 6195 , 6225 and 6240.


Supports for nifty future are placed at 6090, 6072.


Break and trade below 6055 indicates trouble for bulls and nifty will correct to 


6025, 6000 and 5988.




NEXT: Thrill of money


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