Indian Stock Market Weekly Outlook

Stocks for trading in the coming week




RELINFRA
            
           IF relinfra future breaks 1037 , it can retrace to 1055.


Trading idea is short at retracement and hold for targets of 1025, 1002 and 985.


1068 can be maintained as stop for this trade.




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

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

Unitech - Swing Trade pick

UNITECH

UNITECH is looking good for a swing long.

65 closing level should be maintained as stop for this trade.

Targets are 105 and 139.

Considering that this is expiry week, we will be doing the trade in cash and

not in futures or options.

NEXT: NIFTY FUTURE 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

Nifty Trading plan 20-Aug-2010

NIFTY FUTURE:

Nifty pivot is placed at 5521 for today's trading.

5487 will be support and for bullishness to be in tact nifty future should 5472.

Break and trade below 5472 will induce correction and nifty will move to

5452, 5432 and 5412.

On the upside resistance will be at 5555. 5570 will be the breakout point and nifty will move to 5590 and 5610.

NEXT: BULLS ON FIRE

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

END OF THE BARREL - RELINFRA

RELINFRA ACHIEVES SHORT TARGET

Readers who went short on relinfra as per (link) would have

printed the almighty dollar as it fell to second target given.

Infact the stock made a low of 1035 today.

What a whopping trade . In just 2 days, target achieved !!!!

Bring em on !!!

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NEXT: Nifty outlook 18th august

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 18-Aug-2010

NIFTY FUTURE

Nifty reversed exactly from the resistance area mentioned in

yesterday's column .

For tomorrow's trade in nifty future, pivot level is at 5426.

Resistance is at 5459. Trading above 5471 will take nifty future to 5505, 5530.

Support level is at 5390. Break below 5382 will indicate weakness and bears will maul nifty to

5355, 5355 and 5315.

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 Trading Plan 17-Aug-2010

NIFTY FUTURE

Readers who went short in nifty today as per (link) would have printed the almighty dollar today,

as nifty crashed from the resistance area.

For tomorrow's trading, nifty future will face resistance at 5445 region.

Trade above 5470 will restore bullishness in nifty and will take nifty to 5490, 5510 and 5530.

5390 is support for nifty future.

Break below 5375 will be heartbreak for bulls and index will correct to 5355, 5335 and 5315.

NEXT: Nifty weekly outlook

Did you like the above post ? Why not send it to your friends ?

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 Indian Stock Market

NIFTY FUTURE - WEEKLY

Nifty future CMT level has moved to 5445.

Nifty will have resistance at 5480 level next week.

Trading above 5495 will take nifty to 5545 and 5600.

On the downside 5430 and 5400 will be support level for nifty future.

Break and trade below 5367 will invite trouble for bulls and index will correct to 5250 and 5225.

NEXT: Best of last 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.