DAY TRADING CROMPTON GREAVES

DAY TRADING CROMPTON GREAVES 18/03/2014

Last week was very good for us in terms of trading. We were able to pick 2 winning trades which gave good results.

DATE	STOCK	BUY	SELL	Qty	Profit	Capital
04-03-2014	TECHM	1890	1904	105	1470	201470
11-03-2014	TATASTEEL	344	364	550	11000	212470
13-03-2014	YESBANK	357	368	577	6347	218817

CROMPGREAVES is looking good on charts. I am very interested in the following trade on Tuesday.

I will buy CROMPGREAVES at 146 with stop loss of 142 for targets 151-154.

CROMPTON GREAVES daily chart

Disclaimer:

This is not to be interpreted as a trading recommendation. This is a personal trade shared for educational purpose only. Risk of all trades remains with reader of this blog

Indian Stock Market Outlook For Week Starting 10 SEP 2012

Indian Stock Market Outlook For Week Starting 03 SEP 2012

Last week our traders booked huge profit in JUBLFOOD. Our SL was triggered in Centrury Textiles.

Nifty Traders  all around the world should only for one number now. 5472.
This is the golden level.

Entry, SL and target for our registered users.

We are looking for long trade in LIC Housing Finance this week.

We are also looking for short trade in JSW Steel this week.

For intraday trading, we will be looking to trade ICICIBANK, RELINFRA, AXISBANK, TATAMOTORS and Century Textiles.

All our trades have clear entry, SL and targets. We do not give two sided view. Clear, focused, and sniper trades. Why not join us? Contact us for trial 

NEXT 5257 rocks

ACC, ICICIBANK 03 SEP 2012

Sep 03 2012  Trading ideas:

 Today we are planning to trade ACC and ICICIBANK.

ACC
1325-1330 is huge resistance for ACC.

Chart above is self explanatory  and is inviting sell trade.

SL and targets for our premium readers.

Join us now


ICICIBANK

We have been short selling ICCIBANK from 960- 990 levels.

We will still continue to short sell till stock shows signs of reversal on chart.

ICICI will face strong resistance in 923-932 area from now on.



SL and targets for our premium readers.

Join us now

NEXT; WEEKLY OUTLOOK

Indian Stock Market Daily Outlook

NIFTY FUTURE OUTLOOK 19-APR-2011






Nifty future supports: 5720, 5700


Nifty future resistances: 5775, 5815


Nifty future upside targets: 5860, 5890, 5915.


Nifty future downside targets: 5670, 5645, 5625.

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

Stocks for coming week

Criteria for selection

Technical Analysis

Parameters used - RSI, STOC, MACD, OBV

Pivot Levels

Proprietary algorithm of JerryTechnicals

Weak stock for next week:

SUNPHARMA

PIVOT: 1745

Support: 1735

Breakdown:1729

BD targets :1710, 1698, 1680

Breakout :1760

BO targets: 1780, 1800

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.

Strong and Weak Stocks for next week

Criteria for selection

Technical Analysis

Parameters used - RSI, STOC, MACD, OBV

Pivot Levels

Proprietary algorithm of JerryTechnicals

Strong Stock for next week

MCDOWELL

PIVOT: 1253.50

Support : 1239

Breakdown: 1229

Resistance: 1265

Breakout: 1277

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.

Strong and Weak stocks for next week

Criteria for selection

Technical Analysis

Parameters used - RSI, STOC, MACD, OBV

Pivot Levels

Proprietary algorithm of JerryTechnicals

BULLISH STOCKS

1) M&M

PIVOT LEVELS

BEARISH STOCKS

ITC

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.

Weekly outlook MCX Gold 08-March to 13 March 2010

RECAP

Last week high of Gold was 17095 which was exactly our third target of long.


Gold Outlook

For the coming week Gold will struggle to cross the resistance level at 17030.

Reversal from 17030 will mean Gold correcting to 16815 and 16750.

Breaking and trading below 16680 with volumes will take gold straight to 16595 and 16491

In order for Gold to maintain its uptrend, it must trade above 17150 with volumes.

If Gold is able to do that then upper targets of 17270 and 17380 shall beckon


Indian Stock Market Outlook

Outlook for nifty trading is posted 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.

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.

Weekly Outlook - Gold MCX 01 March to 06 March 2010

GOLD (MCX)

Gold will have resistance at last week high. Trading above 16870 with volumes will take gold to

16950 , 17020 and 17095 in the coming week.

On the other hand reversal from resistance level means Gold will correct to the significant support level.

Significant support exists for Gold at 16580 for the coming week.

If Gold trades below 16580 with volumes, it could correct sharply to 16490 and 16430.

Link to indian stock market weekly analysis : http://jerrytechnicals.blogspot.com/2010/02/week-after-budget-how-to-trade-nifty.html

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.

MCX Gold Views 10-02-2010

Gold View Today

Outlook - Bullish

Bull level

Buy around 16260 with stop below 16220 for targets 16425, 16470 and 16500.

Link to Indian Stock Market outlook Nifty and Banknifty ::

http://jerrytechnicals.blogspot.com/2010/02/indian-stock-market-outlook-09-feb-2010_09.html

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 Views 09-02-2010

Gold View Today

Outlook - Mixed

Bull level

Crossing 16370 buy on retracement to 16350 with stop below 16300 for targets 16418, 16460.

Bear Level

Breaking and trading below 16240, short gold on retracement to 16275 with with stop above 16310


for targets 16200, 16175, 16150.

Link to Indian Stock Market outlook Nifty and Banknifty ::

http://jerrytechnicals.blogspot.com/2010/02/indian-stock-market-outlook-09-feb-2010.html

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 Views 08-02-2010

Gold View Today

Oulook - BullisH

Bull Level

Buy gold around 16150 with stop loss below 16050 for targets 16270, 16360, 16442.

NIFTY WEEKLY OUTLOOK

http://jerrytechnicals.blogspot.com/2010/02/weekly-outlook-for-indian-stock-market.html

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.

Gold Views MCX India (1st Feb Jan 2010 till 6th Feb 2010)

Gold

Bullish Argument

Last week we had written that Gold is likely to test 16200 . Last week Gold future closed exactly at 16200.

The short term indicators are in oversold mode indicating a pull back in gold prices.

If Gold future is able to trade above 16450 with volumes, Gold can spring in a surprise by rallying to 16750.

Bearish Argument

Strong support exists for Gold at 16000. If 16000 is not held, Gold will drift down to 15880 and 15700.

Link to weekly analysis of Indian Stock market

http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_30.html

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.

Gold Views MCX India (25th Jan 2010 till 30th Jan 2010)

Gold

last week readers of the blog would have picked both the high and low of gold

Even one lot of gold future contract would have fetched the reader in excess of 70,000 rupees.

http://jerrytechnicals.blogspot.com/2010/01/gold-views-mcx-india-18th-jan-2010-till.html

For the coming week, 16200 could turn out to be vital support for gold.

If 16200 is held, gold will attempt a pullback to 16500 and 16700.

On the other hand, breaking and trading below 16130 will open up gold for

downside targets of 15990, 15850 and 15700.

Weekly Outlook for Indian Stock Market : http://jerrytechnicals.blogspot.com/2010/01/weekly-outlook-for-indian-stock-market_24.html

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.