NIFTY FUTURE OUTLOOK (12/01/2011)
What a day for traders yesterday. Just like it was predicted earlier in this column, market gyrated violently .
For today's trading, 5795 is the Market Balance Point.
Support are placed at 5750 .
Reversal from Market Balance Point or Support will take nifty to 5835.
Crossing yesterday's high of 5842, nifty will generate momentum and move to 5875, 5910 and 5930.
Trade below 5728 is huge sign of trouble and nifty will crash to 5695, 5650, 5625.
NEXT: A beautiful trading 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
Showing posts with label free blog. Show all posts
Showing posts with label free blog. Show all posts
Wednesday, January 12, 2011
Tuesday, November 30, 2010
Nifty Trading plan 30-November-2010
NIFTY FUTURE OUTLOOK
Nifty future market balance point is at 5841 for today's trading.
Support for nifty future is at 5810-5805.
Break below 5790 will induce correction and nifty will move down to 5755, 5725.
5870-5880 will be the resistance level for nifty future today.
Trading above 5891 nifty future will move to 5910, 5930 and 5950.
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 future market balance point is at 5841 for today's trading.
Support for nifty future is at 5810-5805.
Break below 5790 will induce correction and nifty will move down to 5755, 5725.
5870-5880 will be the resistance level for nifty future today.
Trading above 5891 nifty future will move to 5910, 5930 and 5950.
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
Wednesday, October 20, 2010
Nifty Trading Plan 21-October-2010
NIFTY FUTURE OUTLOOK
Readers who went short in nifty future today at resistance level mentioned in yesterday's
column would have minted the almighty dollar as nifty crashed from resistance to target level.
For tomorrow's trading nifty pivot level is at 6045.
Resistance is placed at 6058. If nifty trades above 6070 it will move to 6090, 6115 and 6135.
Support level is at 5983.
If nifty breaks and trades below 5968 it will slide to 5950 and 5925.
NEXT: Bears on the prowl !!!
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
Readers who went short in nifty future today at resistance level mentioned in yesterday's
column would have minted the almighty dollar as nifty crashed from resistance to target level.
For tomorrow's trading nifty pivot level is at 6045.
Resistance is placed at 6058. If nifty trades above 6070 it will move to 6090, 6115 and 6135.
Support level is at 5983.
If nifty breaks and trades below 5968 it will slide to 5950 and 5925.
NEXT: Bears on the prowl !!!
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
Sunday, October 17, 2010
Readers Query - JUBILANT ORGANOSYS LTD (530019)
Jubilant Life Sciences Ltd
A reader has emailed in to seek my opinion on Jubilant Life Sciences.
The following chart shows the Jubilant is very weak and stock could correct strongly. A bounce to 330 - 340 level should be used to exit holdings from this stock. In the near term, stock could correct to 250
level.
NEXT: IDFC INFRASTRUCTURE BOND
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
A reader has emailed in to seek my opinion on Jubilant Life Sciences.
The following chart shows the Jubilant is very weak and stock could correct strongly. A bounce to 330 - 340 level should be used to exit holdings from this stock. In the near term, stock could correct to 250
level.
| JUBIILANT ORGANOSYS - Looking bad on charts |
NEXT: IDFC INFRASTRUCTURE BOND
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
Wednesday, October 6, 2010
Nifty Trading Plan 07-October-2010
NIFTY FUTURE OUTLOOK
Nifty moved from pivot to resistance level as mentioned in yesterday's column.
However bulls could not cross the upper level of 5248.
For tomorrow's trading, nifty future pivot is placed at 5210.
Support is placed at 6173 and break out level at 6158.
Trading below 6158 will take nifty future down to 6140, 6125 and 6100.
Resistance level has moved to break out level of yesterday and is at 5248.
Trading above 6265 will take nifty future will take nifty to 5299 and 5315.
NEXT: Power of levels
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 moved from pivot to resistance level as mentioned in yesterday's column.
However bulls could not cross the upper level of 5248.
For tomorrow's trading, nifty future pivot is placed at 5210.
Support is placed at 6173 and break out level at 6158.
Trading below 6158 will take nifty future down to 6140, 6125 and 6100.
Resistance level has moved to break out level of yesterday and is at 5248.
Trading above 6265 will take nifty future will take nifty to 5299 and 5315.
NEXT: Power of levels
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
Monday, October 4, 2010
Nifty Trading Plan 05-October-2010
NIFTY FUTURE OUTLOOK
Readers of the blog would have minted the almighty dollar in today's trade as nifty reversed
exactly from first target of long and crashed to resistance level (which in turn became support).
It was a clean short as per ema trading system too. Link
For tomorrow's trading, pivot is placed at 6188.
Support level is 6150. Trade below 6135 will induce strong correction in nifty and it will
move down to 6115, 6095 and 6060.
Resistance level for tomorrow is placed at 6226.
For nifty to regain lost momentum on upside, it must cross and trade above today's high of 6248.
Doing so, bulls will come in hoards and lift nifty to 6270, 6299 and 6315 by close.
All set for a interesting day tomorrow. Let us wait and watch.
NEXT: F&O lot size change
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
Readers of the blog would have minted the almighty dollar in today's trade as nifty reversed
exactly from first target of long and crashed to resistance level (which in turn became support).
It was a clean short as per ema trading system too. Link
For tomorrow's trading, pivot is placed at 6188.
Support level is 6150. Trade below 6135 will induce strong correction in nifty and it will
move down to 6115, 6095 and 6060.
Resistance level for tomorrow is placed at 6226.
For nifty to regain lost momentum on upside, it must cross and trade above today's high of 6248.
Doing so, bulls will come in hoards and lift nifty to 6270, 6299 and 6315 by close.
All set for a interesting day tomorrow. Let us wait and watch.
NEXT: F&O lot size change
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
Sunday, October 3, 2010
Indian Stock Market Weekly Outlook
NIFTY FUTURE WEEKLY OUTLOOK
Last week I had written that 5962 will be strong support for nifty future.
Nifty low was exactly 1 point above the support level.
Those who missed last week's article can access it here.
For next week, nifty future pivot is placed at 6140.
6180 is the resistance for NF. 6195 is BO point for nifty next week.
Trading above 6195 nifty future will move to 6245 and 6299.
6300 to 6344 is historical resistance zone.
On the down side, support for nifty this week is at 6100 level.
Break and trade below 6075 will indicate trouble and nifty will correct to
6025, 5965 and 5910.
NEXT: Making money in unitech
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
Last week I had written that 5962 will be strong support for nifty future.
Nifty low was exactly 1 point above the support level.
Those who missed last week's article can access it here.
For next week, nifty future pivot is placed at 6140.
6180 is the resistance for NF. 6195 is BO point for nifty next week.
Trading above 6195 nifty future will move to 6245 and 6299.
6300 to 6344 is historical resistance zone.
On the down side, support for nifty this week is at 6100 level.
Break and trade below 6075 will indicate trouble and nifty will correct to
6025, 5965 and 5910.
NEXT: Making money in unitech
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
Saturday, October 2, 2010
Swing Trade Pick : DLF : Update
Readers would have minted the almighty dollar in DLF as it achieved all targets.
Those who missed the article can access it here
It is a raging bull market. But are you making money ?
NEXT: Explosive move on friday
Those who missed the article can access it here
It is a raging bull market. But are you making money ?
NEXT: Explosive move on friday
Subscribe to:
Posts (Atom)