Indian Stock Market Outlook For Week Starting 17 SEP 2012

NDIAN STOCK MARKET OUTLOOK FOR WEEK STARTING 17 SEP 2012

Our  weekly pick of LICHSGFIN rocked the charts last week.

Our daily subscribers made a ton of money in JINDAL STEEL in a buy and hold trade.

With FED announcement, diesel price hike, FDI in retail and aviation, proposed RBI rate cut, market condition is bullish at its best.

Where is Nifty headed?

        Immediate resistance for Nifty is at 5700 Nifty future level.

What are the stocks we will trade this week?

                  IGL - Indraprastha Gas LTD - 240 is key level. As long as stock doesn't close below this level, long trades with targets 300-320.

Entry for our subscribers.

For intraday trading we will look at AXISBANK, TATAMOTORS.

JETAIRWAYS, BHARTIARTL.

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) 

NEXT

Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK


For this week, nifty future has supports at 5545 and 5505.


Reversal from supports will open up targets of 5580, 5625 and 5665 this week.


Break of 5470 could mean trouble and nifty could correct to 5450, 5430, 5380 this week.




It could be a week where a lot rides on whether nifty is able to provide a clear breakout.




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

Balance point for nifty is placed at 5470 next week.


Supports will come in at 5430 and 5400 levels.


Break below 5380 will induce correction and nifty will move to 5350,  5325, 5300 and 5285 next week.




Resistances for nifty are placed at 5510 and 5535.


Break above 5560 is needed for nifty to be bullish.


In such a scenario nifty will move to 5600 and 5640.






NEXT: Friday


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 TRADING PLAN 08-MAR-2011


              Concerns on DMK withdrawing support for UPA govt weighed heavily on nifty as it opened gap down and moved down before a smart recovery towards close.


For tomorrow's trading nifty will find good support at 5450 level.


Reversal from this level will take nifty to 5475, 5500 and 5525.


5525 will be strong resistance level. Trading above this will take nifty to weekly targets
mentioned in yesterday's column.


Today's low of 5400 will be critical for nifty future in days to come.


Breaking 5400 will take nifty future down to short targets mentioned in weekly outlook.




NEXT: 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 will have strong support at 5520 and 5480 next week.

Reversal from  these levels will take nifty future to 5600, 5640 and 5690.

Break out level is 5750.

Break out targets are 5820, 5890.


Break down level is 5435.

Breakdown targets are 5375, 5340, 5290.


NEXT: friday blues

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.

For the week ahead Market Resting Point is at 6085.


Resistance for nifty is at 6125 - 6150 zone.


For nifty to trade in positive territory it must break and trade above 6175.


In such a case nifty future will move to 6215, 6245 and 6280.




Support zone for nifty future is 6030 - 6010.


Break and trade below 5985 will indicate trouble for bulls and nifty future will drop to 


5940, 5905 and 5860.






NEXT: Zen and the art of Trading


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-October-2010

NIFTY FUTURE OUTLOOK


                Nifty  future pivot for today's trading is placed at 6111.


Strong support exists at 6073. For nifty to lose its momentum it must trade below 6058.


Break and trade below 6058 will take nifty future to 6020.




Resistance for nifty future is at 6150 - 6170 area. 


Break and trade above 6170 will take nifty future into the 6200s and will move to 


6225, 6240 and 6265.




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


Last week I had presented the fibonacci time analysis and argued with evidence that nifty volatility 


will increase in the coming period. What an epic week had !!! Index moved both sides in a very violent 


manner. Readers of this blog would have been safe as the same had been forewarned here.


What can we expect in the coming week?

For the coming week, nifty future pivot is placed at 6130 level.


Nifty future will face huge resistance at 6165 level.


For nifty to move into positive territory it must trade above 6200.


Doing so nifty future will move to 6225, 6250 and 6295.


If nifty breaks and trades below 6070, bears will have no trouble in taking the index 


down to 6020, 5985 and 5955.


The swing target for nifty is at 5925. 




NEXT: Answering questions from readers

Continuing coverage of IDFC INFRASTRUCTURE BONDS : closing on 22nd October

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, just like what was written in this column, nifty future moved to 6245 and gave up 


all the gains and fell to the support of 6100. Readers who missed last week's column can access it 

here.


As per Fibonacci time zones, next week could be a very interesting week. See the chart below,

It is very clear from the above chart that whenever nifty enters the time zone, volatility increases. 


For the coming week, nifty future pivot is placed at 6138.


Resistance is at 6185.  Trading above 6207 will restore bullishness in nifty and it will move to 


6245, 6280 and 6300.


Support level for nifty future is placed at 6105. Break and trade below 6090 will invite bears to 


have a good week and they will thrash nifty to 6050,  6015 and 5970.




NEXT: Should we buy IDFC INFRASTRUCTURE BONDS?






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 09-September-2010

NIFTY FUTURE OUTLOOK

As written in this column, nifty future reversed from resistance and fell in a straight line.

For today's trading, pivot remains at 5596. Resistance is placed at 5630.

I have mentioned this before, there is a lot of fibonacci confluence resistance at 5640 level.

Only if nifty trades above 5647, further upmove can be expected.

In such a case it can move to 5667, 5687 and 5700.

Reversal from pivot or resistance can take nifty future to 5560 which is strong support area.

For nifty future to be weak, it must break and trade belwo 5545. In such a case bears will hammer

nifty to 5525 and 5500.

NEXT: Reversal from resistance

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 08-September-2010

Nifty outlook

After achieving all the weekly targets, nifty went into a narrow range today.

LIC broke 1202 and is already close to target 1.

5590 is the pivot level tomorrow for nifty future.

5625 is the resistance area.

Reversal from either pivot or resistance will take nifty to 5555.

Break and trade below 5540 will invite trouble and index will move to 5520 and 5500.

For nifty to trade in green, it must cross and trade above 5640.

NEXT: nifty pauses

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 07-September-2010

NIFTY FUTURE OUTLOOK

Readers who traded long above 5510 as per weekly outlook would have

minted the almighty dollar as nifty zoomed to achieve all targets given.

Those who missed this article can access it here.

In our weekly basket of stocks RELINFRA and SBIN are outperforming.

LIC Housing, is yet to take off.

For today's trading, 5565 will be the pivot level for nifty future.

Nifty future will have strong resistance at 5602. Crossng 5616 nifty will move to 5640

which is the confluence level for multiple fibonacci resistances.

Support for nifty future is placed way down at 5533. Breaking 5518 nifty will move down to

5495.

NEXT: STOCKS THAT ZOOM

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

Best of last week

BEST OF LAST WEEK

Weekly outlook: The center piece of our trading activities at JerryTechnicals.

All the action during the week is a subsystem of this.

A beautiful short trading plan

We are traders. The very next dat we will go long and make money.

A very good week for readers of jerrytechnicals.

We are invested in tata investments and finolex cables and are currently

in swing long trade of unitech.

Nifty trading plan 03-September-2010

NIFTY OUTLOOK

Pivot level for nifty future is at 5492 today.

5525 is expected to be resistance area and above 5540 nifty future will

blast to 5560, 5580 and 5600.

On the downside, 5457 will act as strong support for nifty.

Break and trade below 5442 will lead to correction and

nifty will move to 5422, 5402 and 5380.

NIFTY: THE GREAT LONG TRADE

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-September 2010

NIFTY FUTURE OUTLOOK

Nifty traded at our resistance level for 2 hours, moved to 5412 and then zoomed.

Crossing our breakout level of 5441, there was no stopping bulls, just like what we

had written yesterday in this column. Nifty then proceeded to hit our target 2 in

a matter of minutes.

For tomorrow's trading the pivot level is placed at 5468.

Resistance is placed at 5502 and above 5518 the bull saaga will continue and

nifty will move to 5535, 5535 and 5575.

Support level is placed at 5435.

For nifty to slip into the negative, it must trade below 5421.

In such a case, nifty future will move to 5400 and 5380.

NIFTY: THE GREAT LONG TRADE

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 01-September 2010

NIFTY FUTURE TRADING PLAN

Readers who went short in nifty as per yesterday's column would

have minted the almighty dollar as nifty reversed from pivot level

and fell all the way to first target.

Pivot level for tomorrow is placed at 5380.

Support will come in at 5360.

Reversal from support or pivot level will take nifty future to 5425 which will

act as resistance for nifty.

Trading above 5441 will induce a change in nifty trend and bulls will nifty to

5460, 5480 and 5505.

Break and trade below 5346 will indicate continuing weakness and index will correct to

5325, 5305 and 5280.

NEXT: THE REVERSAL FROM PIVOT

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 31-Aug-2010

NIFTY FUTURE OUTLOOK

Readers who traded as per our weekly outlook would have printed the

almighty dollar today as nifty future exactly reversed from 5465 and fell

to support area as mentioned in the weekly column.

For tommorow's trading 5415 is the pivot level.

Support for nifty future will come in at 5393.

Break and trade below 5379 will take nifty future to 5358, 5340 and 5318.

On the other hand resistance will come in at 5460.

Inorder for nifty to regain positive territory it must trade above 5475.

In such a case nifty future will move to 5495, 5510 and 5535.

NEXT: THE PERFECT SHORT

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 August 27-Aug-2010

NIFTY TRADING PLAN

What an expiry day. Everything went exactly as per plan.

The continous moving pivot is at 5476 for today's trading.

5442 will provide strong support for nifty future today.

Break and trade below 5430 will indicate trouble and nifty will move to

5408 and 5388.

Overhead resistace will come in at 5510 and trading above 5520 ,nifty will

fire to 5545, 5565 and 5585.

NEXT: UNEVENTFUL Expiry Day

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 26-Aug-2010

NIFTY FUTURE OUTLOOK

Readers who traded as per our plan would have made good profits on a topsy turvy day.

Tomorrow is expiry and as usual expect it to be a wild day.

The continous moving pivot has moved to 5475.

Trading below this level will take nifty future to 5440.

Trade below 5430 will indicate trouble and nifty will move down to 5406.

On the other hand, resistance is placed at 5507.

For bulls to enjoy on an expiry day, nifty must trade above 5520.

NEXT: Short at resistance

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 25-Aug-2010

NIFTY FUTURE

Nifty future is suffering from expiry jitteries.

How will it unfold tomorrow? Let us examine in detail.

5544 will be strong resistance for nifty future tomorrow.

Inorder for nifty to be in strong zone, it has to cross 5557.

In such a case nifty will move to 5578 and 5600.

On the other hand, support will come in around 5475 tomorrow.

Breaking and trading below 5463, bears will bulls a run for their money

and nifty will correct to 5440 and 5420.

NEXT : UNITECH TRADING IDEA

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