Indian Stock Market Daily Outlook

NIFTY FUTURE 25-MAY-2011




Readers who short sold nifty future at 5405 would have made 4500rs in 2 lots of nifty future.


Readers who went long at 5360 would have made 3500rs in 2 lots of nifty future.


A net gain of 7500 rs for the day. 


Also. consider the fact that nifty future range was 57 points for the whole day !!!


Yesterday's high and low are going to be significant points for trading.




Today's trading idea:


Buy nifty future above 5420 with stop loss of 5400 for targets 5445, 5485.


Short sell nifty future below 5355 with stop loss of 5375 for targets 5330, 5300, 5285.






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 Daily Outlook

Coverage of sparkling mindz in print: DNA, premier newspaper has covered Sparkling Mindz in their bangalore edition today. http://epaper.dnaindia.com/dnabangalore/epaperpdf/10052011/9bangalore%20main%20edition-pg8-0.pdf


NIFTY OUTLOOK10-MAY-2011


 Nifty future will get resisted today at 5550 and 5575.


Reversal from these levels will take nifty to 5525, 5500 and 5485.


Break of 5480 will lead to 5465 and 5445.


Break above 5600 is needed for nifty to be bullish. 


Above 5600 nifty will move to 5630 and 5660.

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 Daily Outlook

NIFTY FUTURE OUTLOOK 03-MAY-2010


Nifty reversed from resistance level given in this column and fell to first target of 5703.


For tomorrow's trading, nifty future will have resistance at 5755.


Break above 5775 will turn nifty to bullish and index will move to 5795, 5815 and 5830.


Reversal from resistance will take nifty to 5705, 5690.


Break of 5675 will cause more heartbreak for bulls and index will correct to 5655 and 5635.


Meanwhile our positional call of CAIRN is near target level.


Readers who missed the CAIRN call can access it here


We play to win @JerryTechnicals

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




Nifty future chart:

Supports: 5815, 5780


Breakdown: 5755


Breakdown targets: 5710,  5665, 5610.




Resistances: 5860, 5910, 5940


Breakout level: 5965


Breakout targets: 6010, 6040, 6060.

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

Nifty future supports for the week are placed at 5825 and 5790.


Breakdown level is 5762. 


Break down targets are 5710 and 5655.


Nifty future resistances for the week are 5889, 5930,  5965.


Weekly breakout level is 5990.


Breakout targets are 6050 and 6080.

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