Weekly Outlook 10-August-2009 till 14-August-2009

Weekly Outlook post format is undergoing change. Do leave your opinion on the new format.

Nifty

Weekly Resistance Levels

R5 4771

R4 4739

R3 4670

R2 4600

R1 4542

Weekly Support Levels

S1 4428

S2 4400

S3 4341

S4 4299

S5 4271

Bank Nifty

Weekly Resistance Levels

R5 7763

R4 7632

R3 7569

R2 7499

R1 7404

Weekly Support Levels

S1 7263

S2 7197

S3 7123

S4 7104

S5 6942

Reliance – King of Stocks

Weekly Resistance Levels

R5 2199

R4 2161

R3 2123

R2 2085

R1 2057

Weekly Support Levels

S1 1975

S2 1949

S3 1910

S4 1860

S5 1800

Last week’s outlook

Last week’s profit tracker

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Nifty Outlook 15-July-2009

Flashback

Readers who went long near 4035 as i had writen would have printed out the almighty dollar as nifty moved to 4135, just 5 rs shy of third target of 4140.

Bear Level

Short nifty future around 4205 with stoploss at 4235 for targets 4165, 4135, 4095.

Bull Level

Buy nifty future around 4070 with stoploss at 4043 as stoploss for targets 4135, 4165, 4205

Herohonda – Darling of Bulls

Buy HEROHONDA future at 1395 with stoploss of 1380 for targets 1435, 1450, 1475.

HDFCBANK – Sweetheart of Bears

Short HDFCBANK future at 1382 with stoploss of 1400 for targets 1325, 1295, 1250.

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.

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Nifty Outlook 13-July-2009

Bull Level

In case of gap down buy nifty future around 3920 with 3885 as stoploss for targets 3960, 4025, 4060

Bear Level

In case of gap up or flat opening, short nifty future around 4060 with stoploss at 4096 for targets 4010, 3960, 3920.

Weekly analysis for next week

Profit Tracker for last week

There are no stock recommendations for tomorrow

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.

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Profit Tracker 06-July-2009 – 10-July-2009

Note:

No trading levels were triggered on 06 and 07 July.

The profit tracker is based on the assumption that one contract of stock future and two contracts of nifty future are traded.

Technorati : ABIRLANUVO, LITL, Nifty, Nifty Future, Profit Tracker
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Nifty Outlook 09-July-2009

Flashback

Nifty opened 1.5% down and triggered long SL.

Bear Level

In the scenario of NF breaking 4050 short with stoploss of 4075 for targets 4016, 3982, 3942.

Bull Level

1) Buy nifty future around 3940 with stoploss at 3915 for targets 3982, 4016, 4035.

2) In the scenario of nifty future crossing 4128, buy with stoploss at 4099 for targets 4170, 4195, 4220.

LITL – Only for BEARS

For thursfay trading, short LITL around 365 with stoploss at 376 for targets 344, 335, 320

ABIRLANUVO – Only for Bulls

For thursday trading, buy ABIRLANUVO around 760 with stoploss at 730 for targets 805, 825, 845

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Nifty Outlook 30-June-2009

Flashback

Readers who went short in nifty at opening near the shortlevel would have booked closed to 50 points profits before nifty reversed direction.

Bear Level

Short nifty future around 4425 with stoploss at 4455 for targets 4375, 4340, 4300

Bull Level

In the scenario of nifty future crossing 4455 buy at retracement level of 4425 with stoploss at 4390 for targets 4465, 4485, 4505

Feed the bears -ACC

ACC has made reversal from a high resistance zone.

For tuesday trading, short ACC around 810 with stoploss at 823 for targets 790, 771, 755.

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.

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Nifty outlook 29-June-2009

Bull Level

Buy nifty future around retracement level of 4305 with stoploss at 4280 for targets 4345, 4380, 4400.

Bear Level

Short nifty future around 4400 with stoploss at 4425 for targets 4360, 4330, 4300.

There are no stock recommendations for tomorrow.

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.

Technorati : Nifty July, Nifty Outlook, Nifty future
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Weekly Outlook 29th June – 03 July 2009

Nifty

Nifty has closed in a high resistance zone. 4445 is the first resistance of nifty for the coming week and second resistance is placed quite close at 4490.

On the support side, 4290 and 4250 should offer good supports below which nifty can fall to this weeks low of 4155.

Sultance of Stocks – Reliance

As i had writen last week, RIL came under huge bear attack.

For this week resistances for RIL are placed at 2065 and 2100 while strong support exists at 1955 below which RIL can test long term support of 1875.

King of Banks – SBIN

As i had writen last week, SBIN went into a small trading range.

This week SBIN will have resistances at 1785 and 1820 while supports exist and 1710, 1655.

New Kid on the Block – L&T

Due to new float rule, L&T takes the spot of ONGC in my weekly analysis. Hope readers will appreciate this change.

L&T will have huge resistance at 1640 and 1670. Inability to trade above first resistance level will mean L&T getting a bear attack to support levels of

1600, 1570 and 1540

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Profit Tracker for week 22-June-2009 to 26-June-2009

Assumptions:

1) All figures are based on 1 contract of stock and 2 contracts of nifty

2) Weekly levels given are not considered.

Profit Trackers for rest of June

Technorati : Day Trading, Intraday trading, Nifty, Profit
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Nifty Outlook 25-June-2009

Flashback

Readers who went long near the long level would have printed out the almighty dollar as nifty nearly achieved 3rd target on upside.

Bull Level

Buy nifty future around 4250 with stoploss at 4230 for targets 4290, 4320, 4340

Bear Level

Short nifty future around 4345 with stoploss at 4370 for targets 4310, 4280, 4255

As usual no stock recommendations on expiry 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 alone be responsible for profit/loss.

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