Nifty Trading Plan 14-September-2010

NIFTY FUTURE OUTLOOK 14-Sep-10




As written in this column, nifty opened above the resistance area and proceeded to achieve all targets of weekly projection.


It was a beautiful run by bulls and readers of JerryTechnicals would have been on the right side of the trade.






For tomorrow’s trading, nifty future will face resistance at 5785.


For nifty to continue its momentum, it must trade above 5800.


If bulls manage to do that, nifty will fire to 5825, 5850 and 5870.






However, reversal from 5785 will take nifty to 5751 which is pivot level for tomorrow.


Support for nifty future is at 5715. For nifty to go into negative zone it must break and trade below 5700.


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: Weekly outlook

Nifty Outlook 30-September-2009

Flashback

Readers of the blog would have made good money yesterday as both nifty and relinfra fell to first target of short level.

Bull Level

In the scenario of nifty future crossing 5037 buy on retracement to 5020 with stop loss at 5000 for targets 5065, 5095, 5115.

Bear Level

Short nifty future at 5020 with stop loss at 5037 for targets 4985, 4965, 4935.

Bear Pick - ABAN

Short ABAN future around 1575 with stoploss at 1596 for targets 1540, 1525, 1505.

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 24 september 2009

Bull Level

In the scenario of nifty future crossing 5007, buy on retracement to 4995 with stop loss at 4980 for targets 5035, 5070, 5115.

Bear Level

Short nifty future around 4970 with stop loss at 5005 for targets 4915, 4870, 4830

Bear Pick - Infosys Technologies

Short sell infosystch future at 2381 with stop loss at 2400 for targets 2345. 2320, 2290, 2260.

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 23-September-2009

Bull Level

Buy nifty future around 4985 with stoploss at 4950 for targets 5061, 5100, 5115

Bear Level

In the scenario of nifty future breaking 4950 short on retracment to 4985 with stoploss at 5015 for targets 4925, 4900, 4860



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 17-September-2009

Flashback

Readers of the blog would have made decent money in nifty future short as nifty fell from short level to first target before moving up.

Quite amazingly the master fibonacci is at it again. Today's high is spot on at 50% extension of the confluence zone.

Bull Level

Buy nifty future at 4890 with stoploss at 4870 for targets 4915, 4945, 4960.

Bear Level

Short nifty future around 5030 with 5055 as stoploss for targets 5005, 4975, 4950, 4920, 4890.

Note:

As i am busy with personal work, the blog will not be updated till the 23rd september.

Happy trading folks !!!!!!!!!!!!!!

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-September-2009

Bear Level

Short nifty future at 4955 with stoploss at 4972 for targets 4920, 4890, 4860.

Bull Level

Buy nifty future around 4848 with stoploss at 4825 for targets 4885, 4900, 4920.

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 15-September-2009

Flashback

Readers would have had a mixed day today with good money being made in nifty future long while infosys triggered the stop loss

Bull Level

Buy nifty future at 4810 with stop loss at 4780 for targets 4840, 4860, 4875.

Bear Level

In the scenario of nifty future breaking 4780 short ar retracement to 4805 with stoploss at 4820 for targets 4760, 4720, 4700.

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 14-September-09

I had writen on 06 th july a possible route map of nifty from those levels.

http://jerrytechnicals.blogspot.com/2009/07/nifty-outlook-06-july-2009.html

A reader who bought niftybees based on the analysis provided on this site has writen in to ask if the analysis is still valid and whether she can wait for the afore mentioned target.

I am answering her query here for the benefit of other readers who must have done that trade.

The view still holds. However nothing is ever sure in market. Sell 50% of your niftbees and hold the rest with stop loss of 4400 on closing basis. The fibonacci confluence support zone has moved itself to 4400.

Good trade by all traders who took the risk based on my analysis.

Bull Level

Buy nifty future at 4805 with stoploss at 4780 for targets 4835, 4855, 4875

Bear Level

Breaking 4780, short sell nifty future on retracment to 4805 with 4825 as stoploss for targets 4755, 4740, 4720.

Weapon for Bulls - INFOSYS

For monday trading buy infosys at 2259 with stoploss at 2245 for targets 2280, 2295, 2325.

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 11-September-2009

Flashback

Readers of the blog would have printed out the almighty dollar as nifty fell down from short level to second target of 4805.

Bear Level

Short nifty future at 4850 with stop loss at 4870 for targets 4815, 4760, 4720.

Bull Level

Buy nifty future at 4720 with stop loss at 4705 for targets 4750, 4775, 4800.

Creating 'Udyog' Oppurtunity for Bears - Maruti

For friday trading short sell maruti future at 1509 with stop loss at 1525 for targets 1475, 1460, 1420.

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 10-September 2009

Flashback

Readers would have ended the day with no profit nor loss in nifty, which was great on a day of heightened volatility.

Bear Level

Short nifty future around 4900 with stoploss at 4935 for targets 4847, 4805, 4780.

Bull Level

Buy nifty future at 4780 with stoploss at 4765 for targets 4805, 4850, 4895

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 09-September-2009

Flashback

Readers of the blog would have printed out the almighty dollar in SBIN long as it moved up 100 rupees from long level .

Even one lot of sbin would have given the reader a whopping profit of 13000 + rupees in intradaya trading.

Bear Level

In the scenario of nifty future breaking 4795 short with stoploss at 4815 for targets 4765, 4750, 4730.

Bull Level

If the short stoploss is triggered, readers may go long with the objective of recovering the loss ie 20 points.

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 08-September-2009

Flashback

Readers of the blog would have printed out the almighty dollar in nifty future long as it moved to 4805 just 15 points shy of target 3.

Bull Level

Buy nifty future around 4770 with stoploss at 4750 for targets 4805, 4840, 4865, 4890.

Bear Level

Short nifty future breaking 4750 with stoploss at 4780 for targets 4695, 4670, 4640.

SBI - Looking ominous for bears

For tuesday trading buy SBI around 1810 with stoploss at 1790 for targets 1840, 1860, 1895.

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.