Indian Stock Market Weekly Outlook

NIFTY FUTURE WEEKLY OUTLOOK

Nifty future closed a bit above pivot level at 5625.

For the week ahead, nifty future will be resisted at 5660.

Break and trade above 5675 will take nifty future to 5695, 5715 and 5740.

Support for nifty future is placed at 5590.

Break and trade below 5575 will take nifty future to 5555, 5535 and 5505.

NEXT: Money talks

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 pivot is placed at 5465 this week.

5500 will be huge resistance in the coming week.

If nifty is able to cross and trade above 5510, it will move to 5535, 5555 and 5575.

Support for nifty future is placed at 5433 this week.

However break and trade beloe 5419 will induce a trend change in nifty,

In such a case, nifty future will move to 5395, 5370 and 5350.

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

Weekly Outlook Indian Stock Market

NIFTY FUTURE WEEKLY ANALYSIS

Nifty traded between support and resistance level mentioned in this column last week.

Those who missed the article can access it here (link).

For the week ahead the pivot level is placed at 5435.

Expect nifty to test this level in monday morning trade itself.

5467-5476 will act as strong resistance region for nifty future.

Cross and trade above 5481 will induce positive vibes and nifty future

will move to 5520, 5550 and 5590.

Reversal from resistance region will take nifty down to 5400 levels.

5370 - 5398 is support region for nifty future.

However break of 5363 will indicate a crack and nifty will slide to

5338, 5300 and 5265.

NEXT:BEAR 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

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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 !!!

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

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

MCX Gold Weekly Outlook - 12 April 2010 till 17th April 2010

GOLD

We had writen at 16290 will be strong support for Gold.

Gold exactly reversed from around 16290 and rallied 600 rupees from there.

What a great long trade !!!

GOLD

For the week ahead Gold will take support at 16724 if it needs to continue the upmove.

Reversal from 16724 will take Gold to 16890 and 17030.

Trading above 17035 with volumes next avenues for Gold are 17170 and 17292.

On the other hand breaking and trading below 16650 with volumes, Gold can give up all the gains of last week

and fall to 16381 , 16260 and 16120 in the coming week.

NEXT: BANK 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.