TATAMOTORS 18 JAN 2013

NSE BSE MARKET OUTLOOK 18 JAN 2013

Many readers asked us for an intraday trade.

See the chart of TATAMOTORS.

TATAMOTORS on crossing 333.30 will retrace to 330. Buy there with stoploss of 325 for targets 335-340 for intraday.

Note: All levels are cash levels.

Our pick of BHARTIARTL is rocking the charts. All simple and powerful chart

 reading using scientific techniques.

Readers who missed it can review it here.

For more such stocks and Nifty trades contact us at jerrytechnicals@gmail.com

Disclaimer: This is not a recommendation/ solicitation of any order to buy or sell, but my view on indian stock market. I assume no responsibility for any opinion or statement made in this postr. Readers are urged to exercise their own judgment in trading. Readers shall solely be responsible for profit/loss

NIfty outlook 20-may-2009

Nifty like a baby learning to walk, tried to find a fair value. As a result, day traders had a field day playing along both sides.

Tomorrow we could witness a range contraction in the range of 4280 - 4530.

In such a case,one could use a simple stochastics crossover in 30 minute chart for trading nifty tomorrow.

Looking Good - Tata Motors

Tata motors, although closed in the minus, took support at the lower end of the channel (see chart).

For wednesday trading

1) In case of gap down buy tatamotors at 293 with stoploss at 282 for targets 319, 335, 360

2) Buy Tatamotors crossing 322 at retracement level of 315 with stoploss at 304 for targets 335, 360.