Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 26-04-2011




Nifty future balance point: 5910


Nifty future resistances: 5920


Breakout level: 5940


Breakout targets: 5955, 5975


Support: 5870, 5860.


Break down: 5845.


Breakdown targets: 5825, 5800 and 5785.

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

Nifty Trading Plan 21-September-2010

Nifty Future Outlook


           Bulls continued their march today and conquered 6000 level.


For tomorrow's trading, nifty future pivot is placed at 5980.


Support is placed at 5940. For nifty future trend to be negative, it must trade below


5928. In such a case, nifty will correct to 5905 and 5880.


The resistance level for tomorrow is placed at 6020 for tomorrow.


Above 6033 nifty will attempt to scale 6055, 6070 and 6090.




NEXT: Swing trade 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 Outlook

NIFTY FUTURE WEEKLY OUTLOOK

Nifty future is showing a few warning signs in chart.


Please see the above chart for details.


5920 is the most significant level for nifty in the coming week.


This is the pivot level for nifty future.


If nifty trades above this level it will move to resistance level of 5970.


Reversal from pivot or resistance level will take nifty to 5867. 


5830 is the support level for nifty future. Break and trade below 5810 will induce


correction and nifty will move to 5760 and 5720.




Trade above 5970 will induce fresh longs in nifty future and index will move to
6000, 6035 and 6070.


The short term swing target for nifty is 6130.






NEXT: Rakesh Jhunjhunwala on how to pick right stocks




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 17-September-2010

Nifty Future Outlook


Nifty future pivot has moved to 5855 for tomorrow's trading.


Reversal from this level will take nifty future to 5830 and 5815.


Break of 5800 will indicate a temporary reversal in trend and nifty will correct to 5760 
and 5740.


5900 is the level to be watched for resistance.


Above 5905 nifty will attempt to cross 5916 and 5930.


Break and trade above 5945 will indicate bulls in charge and they will move
the index to 5970 and 5990.


NEXT: Trade using simplicity



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-September-2010

NIFTY FUTURE OUTLOOK


Bulls continue to reign the roost at the bourses.


What is in store tomorrow ?


Nifty pivot has moved to 5852 tomorrow.


This will be critical level to watch out.


Sustaining this level, nifty will move to 5890, which will be resistance level for the day.


Above 5905, nifty will power itself to 5930 and 5950.


Support level for nifty is placed way below at 5815.


Break and trade below 5800 will invite selling and nifty will correct to 5760.




NEXT : Another powerful move






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 15-September-2010

NIFTY FUTURE OUTLOOK


Nifty pivot has moved to 5808 for today's trading.


Support for nifty is placed at 5772.
Break and trade below 5757 will indicate corrective mode and nifty will
move to 5735 and 5715.


Overhead resistance for nifty is at yesterday's high of 5845.
Nifty needs to cross 5860 to indicate a breakout.


In such a case nifty will move to 5875, 5895 and 5920.




NEXT: The momentum continues





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