Showing posts with label weekly target. Show all posts
Showing posts with label weekly target. Show all posts

Saturday, January 8, 2011

Trading in indian stock market - A look at last week

INDIAN STOCK MARKET TRADING - POSITIONAL TRADES DONE LAST WEEK




 Readers would have minted the almighty dollar in nifty future as it reversed from resistance 
level given in this column and crashed to all targets given.


An readers would have obtained a profit of 20,000 rupees on just 2 lots of nifty.


Those who missed the article can access it here.


We recommended two stocks this weak. 1) Sesa Goa 2) Nagarjuna Constructions.


SeasGoa, without moving to entry point, zoomed up. 


No trade would have been possible in this script.


Nagarjuna constructions on the other hand broke 142 and fell to 134 on the very same day. In fact 


with in a matter of hours. A clean profit of 11,000 rupees  taking the weekly gain to 31,000 rupees.




What a beautiful start to new year for jerry technicals.




SESAGOA: http://jerrytechnicals.blogspot.com/2011/01/indian-stock-market-weekly-pick.html

NAGARCONST: http://jerrytechnicals.blogspot.com/2011/01/indian-stock-market-outlook-05-jan-2011.html




Join us tomorrow for nifty analysis and pick of the week

World Markets (delayed)