Indian Stock Market Daily Outlook

NIFTY OUTLOOK 07-JUN-2011


Readers who went long as per my level yesterday would have booked close to 7000 rupees profit in 2 lots of nifty future.


Today's trading idea would be:


Buy nifty future around 5500 with stop loss of 5485 for targets 5515, 5530, 5550.


Reversal targets: 5470, 5460, 5430.




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

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 01-JUN-2011


Readers who used levels given yesterday would have made atleast 6000 rupees in nifty future.


Today's trading idea:


Short nifty future at 5587 with stop loss of 5606 for targets 5565, 5540 and 5530.

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

Money Money Honey Honey

Readers who followed our trading  levels would have minted the almighty dollar.


Is your paid provider giving you such return?? If not we say take a serious look !!!!

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Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 17-MAY-2011




Nifty future strong support area: 5460


Breakdown level: 5445


Breakdown targets: 5430, 5405.


Nifty future resistance levels : 5490, 5505


Breakout level: 5520


Breakout targets: 5540, 5560




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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK (2nd MAY - 6th MAY 2011)

  Nifty future reversed from swing target of 5920 last week to achieved the 2nd target

of short. Great week for traders @ jerrytechnicals.

For the week ahead, nifty future resistances are placed at 5805, 5840.

Break above 5865 will restore bullishness and nifty future will climb to 5910, 5960 and 6000.

Reversal from resistance level will take nifty down to 5700 and 5660.

Break of 5645 will bring back bears from hibernation and index will get hammered to 

5600, 5555 and 5535.

It promises to be a great week ahead for traders.

Join us here for coverage of day by day action.

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

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK




Nifty future chart:

Supports: 5815, 5780


Breakdown: 5755


Breakdown targets: 5710,  5665, 5610.




Resistances: 5860, 5910, 5940


Breakout level: 5965


Breakout targets: 6010, 6040, 6060.

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

Indian Stock Market Daily Outlook

NIFTY FUTURE DAILY OUTLOOK


Market balance point: 5520.


Break below 5508 will take nifty to 5395, 5475, 5455.


Break above 5555 will take nifty to 5575, 5594, 5610.






New*




Options:


5500 CE:  Break out level 143, SL 119 targets: 167, 172, 178


5600 PE:  Breakout level 140, SL 135 targets 145,165, 175




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: Power of 5555

The Options trader

NIFTY INTRADAY CHART

As written in today's outlook (link), I was looking to short nifty future.

The bright oppurtunity presented itself in the afternoon when nifty broke the bearish pattern.

At this time 5000PE was available for 116 rs.

Later when nifty future moved to fibonacci retracement level of 4955, the put matured to 162 rs.

A 40% return on investment.

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

Options to riches

NIFTY 4900 CE OPTION

I had written that 4900 will be strong suupport area for today. (link)

After nifty bounced back from 4900 and closed in green in 15 minutes time frame with high volume 4900 CE was available for 32 rs.

After this nifty continued on a one way journey to the target of 4995.

4900 CE by this time moved to 92 rupees.

187.5 % return on an expiry day. Voila....

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

Options- The true multibagger

I had written on the weekend that 5017- 5040 will prove tricky for nifty future. (link)

Based on this I was waiting for intiating a short trade around those levels.

When nifty broke trend line and closed below it, I entered 5000 put which was available at 45 rs.

What followed was a mind blowing fall.

5000 PE moved to 105 at 4915 my target for the day. A whopping

return. Not bad for a day's work.

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