HAVELLS INDIA LTD 21 JAN 2013

NSE BSE OUTLOOK 21 JAN 2013

See HAVELLS chart below.

HAVELLS is near key fibonacci support level.

Buy HAVELLS around 655 with stop loss 642 on closing basis for targets 687 - 701.

Time frame: 1 - 2 weeks



For Nifty trading levels and other stocks join us by sending an email to jerrytechnicals@gmail.com

Disclaimer: This is not a recommendation/ solicitation of any order to buy or sell, but my view on indian stock market. I assume no responsibility for any opinion or statement made in this postr. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

NEXT

Indian Stock Market Weekly Outlook

Nifty Future Weekly Outlook

Nifty future has closed above weekly pivot level of 5502.

Supports for nifty future are at 5495, 5456 and 5429.

Trade below 5401 will be open invite for bears to smash nifty to 5365, 5315 and 5300.

On the other hand 5535 will be resistance for nifty future.

5547 is breakout for nifty future and nifty will move to 5585, 5600 and 5635.

Given that the week ahead is settlement week, it will be really interesting to see how

nifty pans out.

As usual we will be tracking the curves and lines of nifty on a daily basis here.

Do comeback and track us.

NEXT: Initiating coverage

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

Are you a subbroker ? Jerrytechnicals has a special plan for small and medium subbrokers.

Please contact us at jerrytechnicals@gmail.com for more details.

BANKNifty - Indian Stock Market Weekly Outlook 12 April 2010 till 16 April 2010

BNF

Readers who bought BNF according to our article last week would have booked humungous profits.

(link)

BANK NIFTY

This week 9810 will be critical level for BNF. Crossing and trading 9810 with volumes BNF can move to 9881, 9955, 10025.

On the other hand reversal from near 9810 will mean huge BNF straightaway moving down to supports of 9700 and 9628.

Breaking and trading below 9580 would terminate the recent upmove in BNF and it will correct to 9500, 9450 and 9400 in the

coming week.

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.

BANKNifty - Indian Stock Market Weekly Outlook 5 April 2010 till 9 April 2010

RECAP

Last week bank nifty future did not trigger any trade for us as neither support nor reistance level came into play.

BANK NIFTY FUTURE WEEKLY OUTLOOK

BNF has closed just above support level of 9515 this week.

Reversal from 9515 will take BNF straight to 9605 and 9630 which are huge resistances for the week ahead.

Trading above 9655 with volumes will create a breakout trade in BNF which could easily take BNF to 9700 and 9750.

BNF will be weak only below 9480 which might bring correction in BNF prices to the extent of 9438, 9420, 9390.

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.

Bank Nifty - Indian Stock Market Weekly Outlook 29 March 2010 till 1 April 2010

RECAP:

Readers who bought bank nifty based on our last week's analysis would have minted the almighty dollar and BNF comfortably achieved

all targets given.

BANK NIFTY FUTURE

For the week ahead BNF supports are placed at 9420 and 9370.

Trading below 9300 will make BNF weak and correct to 9220, 9125 and 9040.

Resistance for BNF is placed at 9660 and 9700.

Trading above 9740 will create huge momentum on the upside and BNF will sail to 9815, 9900 and 10000 in a matter of days.

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.

Bank Nifty - Weekly Outlook 22 March 2010 till 26 March 2010

RECAP:

Last week we had written that trading above 9125, BNF will make a move to 9305.

BNF pretty much traded as per the weekly analysis.

BANK NIFTY

Coming week could present interesting trading oppurtunities in BANK NIFTY.

Trading above 9305 will make BNF extremely positive and it can race to 9370 and 9440 in days itself.

Weekly support for BNF is placed at 9215 this week.

For BNF to become really weak, it has to break and trade below 9075.

In such a scenario it will drift easily to last week's low of 9001.

Breaking and trading below last week's low can bring in significant correction to the extent of 8925 and 8855.

Nifty future Twists and Turns here

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.

Bank Nifty - Weekly Outlook 15th March 2010 till 19th March 2010

As many readers have requested weekly analysis of BNF, here we go....

BANK NIFTY

Bank Nifty has crossed and closed above near term trend line which indicates bullishness.

For the week ahead trend line at 9120 will hold fortunes of Bank Nifty. If BNF is able to take support at 9120, it will straight away move to 9305 and 9350.

On the other hand breaking and trading below 9087, will induce a short term correction in BNF prices , which could take the index to even 8970 with minor

supports at 9047 and 9000.

It promises to be yet another suffocating week for traders next week. Let us see how it turns out !!!

You can find weekly analysis of nifty future here

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 Outlook - Levels for nifty and banknifty future 12-March-2010

NIFTY

Nifty will have strong support today at 5128.

Trading above 5128 will take nifty to 5166.

5176 is break out point for the day. If 5176 is crossed with volumes, nifty future

will move to 5189, 5202 and 5215.

On the other hand trading below 5113 will make nifty weak and will move to 5099,

5082 and 5065.



BANK NIFTY


Yesterday;s close of 9184 will be strong support region for Bank Nifty today.

Trading above 9184 with volumes BNF will move to 9240.

Crossing and trading above 9260 will make BNF extremely positive and open up targets

of 9295, 9330, 9365.



Only if BNF breaks yesterday's low of 9110 it wil turn weak .

If that happens, BNF will  fall to 9075 and 9000 after retracing to 9149.




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.

Blogged with the Flock Browser

Indian Stock Market (Nifty and Bank Nifty) Outlook 10-March-2010

RECAP

Readers who short sold nifty and bank nifty would have reaped money.



NIFTY




Resistance for nifty future is placed at 5110 for  tomorrow's trading.

Reversal from this level will make nifty correct to 5085, 5071 and 5055 tomorrow.

Trading below 5055 will straight away take nifty to 5035 which is strong support level.



BANK NIFTY



BNF closed on a positive note today. Inorder to maintain momentum BNF must cross and trade above

9145. If BNF trades above 9145, it will open up targets of 9190 and 9215.

On the other hand breaking and trading below 9040 would be disastrous for BNF as bears will smash

BNF to 9015, 8995 and 8975 tomorrow.



Useful Links


Nifty weekly outlook


Gold Weekly outlook (MCX India)




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.

Blogged with the Flock Browser

Nifty and Bank Nifty outlook 09-Mar-2009

NIFTY








Tomorrow nifty future will struggle to cross today's high of 5145.

If nifty is unable to cross 5145 and trade with volumes, it will move to 5100.

Breaking and trading below 5092 will take nifty to 5081 and 5070.



BANK NIFTY

BNF will have resistance near today's high of 9168.

Trading above 9185 with volumes will open up targets of 9225 and 9245.

Otherwise BNF will drift down to achieve lower targets of 9095, 9045.



Readers will find the following links very useful


Nifty Weekly Outlook

MCX Gold 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.

Blogged with the Flock Browser

Nifty Weekly Outlook 08 March to 12 March 2010

RECAP

We had written in last week's outlook that nifty will scale to highs above 5015.

What happened last week was nifty followed the blog precisely :-)

Link to last week's outlook: http://jerrytechnicals.blogspot.com/2010/02/week-after-budget-how-to-trade-nifty.html

Nifty next week:

All short term indicators on the daily chart are in overbought mode indicating that nifty might take a pause in the coming week.

For the momentum to continue on upside, nifty must trade above 5181 with volumes next week,

Reversal from 5140 - 5165 area which is Fibonacci confluence resistance zone will take nifty to 5070.

Breaking and trading below 5025 will indicate that corrective mode has set in on nifty and will move

down to 4990, 4950. 4950 area is crucial Fibonacci confluence support zone which the bulls must

defend in order to cross the earlier high of 5303.

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.

Week after budget - how to trade nifty

NIFTY

Nifty moved pretty much inline with expectations

Link to last week's outlook: http://jerrytechnicals.blogspot.com/2010/02/weekly-outlook-for-indian-stock-market_20.html

NIFTY

Nifty has entered into a positive territory. Only breaking and trading below 4835 will make nifty outlook as negative.

In the scenario of nifty future breaking and trading below 4835, it will move to 4796 and 4754.

4885 should be strong support for nifty in the coming week from where it should attempt to scale 4965 and 4992.

Breaking and trading above 5015 with volumes will take nifty to 5055, 5095 and 5150 very easily.

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.

Weekly outlook for Indian Stock Market 22nd Feb - 26th Feb Nifty

Owing to illness the blog could not be updated last week.

Sincere apologies to readers.

NIFTY

In the week ahead, 4905 would be huge resistance level for nifty.

Only if nifty trades above 4945 with volumes, it can move to higher targets of 4980, 5015 and 5050.

4805 would be huge support area for nifty next week. If it breaks and trades below 4790 with volumes,

nifty will move to 4755, 4717 and 4680 in the week ahead.

It is week which leads upto the budget. So one should be prepared to welcome the high volatilty which accompanies

any pre-budget week.

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.

Weekly outlook for Indian Stock Market 15th Feb - 19th Feb Nifty

RECAP

Last week we had written that trading above 4795, nifty will move to 4850 ad 4880.

The high of last week was 4849.

Also we had written that nifty will be weak only below 4655. Low of last week was 4667

NIFTY

Nifty future will be bullish if it trades above 4885 next week. Bullish targets are 4930, 4980 and 5020.

4940 is the fibonacci confluence level, trading above which trend will be bullish in the days to come.

After crossing 4885, if nifty future breakes 4745, bears will pound nifty to 4655, 4610 and 4568 next week.

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.

Weekly outlook for Indian Stock Market 8th Feb - 12th Feb Nifty

RECAP

Last we had written that braking 4800 nifty will nose dive to 4735 and 4690.

The low of nifty was 4687.

Nifty

This week nifty will be in trouble only on break of 4655.

If nifty future breaks and trades below 4655, it may fall upto 4590, 4530, 4465.

On the other hand, if nifty future trades above 4795, it will move to 4850 and 4880.

4920 will indicate that bulls are in total control and the simple euphoria will lift the market to

5020 and 5110

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.

Weekly outlook for Indian Stock Market 1st Feb - 5th Feb Nifty

RECAP

We all saw the brutual selling that happened last week once nifty broke 4920.

Last week's link: http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_24.html

NIFTY

4829 will act as strong support in the coming days for nifty future.

If nifty is able to cross and trade above 4945 next week, it will move to 5015, 5045, 5145 fibonacci extensions.

4800 will be key level to watch on the downside for coming week.

Breaking and trading below 4800, nifty future will straight away fall to 4735 and 4690.

Breaking and trading below 4650 will open up further downsides till 4531 and 4451.

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.

Weekly outlook for Indian Stock Market 25th Jan - 29 jan 2010 Nifty

Nifty

Last week nifty panned out exactly like what we had written.

http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market.html

4920 will be level to watch on downside next week. If 4920 is held nifty will attempt a pullback to 5115.

Trading above 5115 with volumes, the extenstion targets are 5160, 5260 and 5340.

On the otherhand, failure to hold 4920 would mean nifty will correct to the first target of 4828 which is strong support

region. Trading below 4828 with volumes will open up down side targets of 4735, 4650 and 4575.

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.

Weekly outlook for Indian Stock Market 18th Jan - 22 jan 2010 Nifty

Last week we had writen that below 5240 nifty will fall to 5175 ( see link http://jerrytechnicals.blogspot.com/2010/01/nifty-weekly-outlook-11-january-till-15.html).

Nifty low for last week was 5176.

Nifty is range bound so far. And we have been using bands to trade.

Bands are currently placed at

1) 5386

2) 5229

3) 5172

4) 5115

5) 4960

These bands indicate huge support and resistance areas and any reversal from these would be powerful.

Fibonacci

5258 would be break out point for bulls in the week ahead. Trading above 5258 with volumes 5315 and 5340 are the fibonacci

extension targets. Once 5258 is crossed with volumes, 5220 should act as strong suport.

On the other hand, if after crossing 5258 nifty breaks and trade below 5190, bears would knock nifty down to 5100 and 5050 in the

coming week.

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.