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.

Technorati : HDFC BANK, HEROHONDA, Nifty, Nifty July, Nifty Outlook
Del.icio.us : HDFC BANK, HEROHONDA, Nifty, Nifty July, Nifty Outlook
Zooomr : HDFC BANK, HEROHONDA, Nifty, Nifty July, Nifty Outlook
Flickr : HDFC BANK, HEROHONDA, Nifty, Nifty July, Nifty Outlook

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.

Technorati : Nifty, Nifty Future, Nifty outlook
Del.icio.us : Nifty, Nifty Future, Nifty outlook
Zooomr : Nifty, Nifty Future, Nifty outlook
Flickr : Nifty, Nifty Future, Nifty outlook

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

Technorati : ABIRLANUVO, LITL, Nifty, Nifty July
Del.icio.us : ABIRLANUVO, LITL, Nifty, Nifty July
Zooomr : ABIRLANUVO, LITL, Nifty, Nifty July
Flickr : ABIRLANUVO, LITL, Nifty, Nifty July

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.

Technorati : ACC, Nifty, Nifty July, Nifty Outlook
Del.icio.us : ACC, Nifty, Nifty July, Nifty Outlook
Zooomr : ACC, Nifty, Nifty July, Nifty Outlook
Flickr : ACC, Nifty, Nifty July, Nifty Outlook

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

Technorati : July, L&T, Nifty, Reliance, SBI, Weekly Outlook
Del.icio.us : July, L&T, Nifty, Reliance, SBI, Weekly Outlook
Zooomr : July, L&T, Nifty, Reliance, SBI, Weekly Outlook
Flickr : July, L&T, Nifty, Reliance, SBI, Weekly Outlook

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
Del.icio.us : Day Trading, Intraday trading, Nifty, Profit
Zooomr : Day Trading, Intraday trading, Nifty, Profit
Flickr : Day Trading, Intraday trading, Nifty, Profit

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.

Technorati : June, Nifty, Nifty Future, Nifty Outlook
Del.icio.us : June, Nifty, Nifty Future, Nifty Outlook
Zooomr : June, Nifty, Nifty Future, Nifty Outlook
Flickr : June, Nifty, Nifty Future, Nifty Outlook

Nifty Outlook 24-June-2009

Flashback

Readers who went long near the long level would have printed out the almighty dollar as nifty achieved all 3 targets given.

Readers could not have made use of DLF as the stock opened way down from the short level.

Bull Level

Buy nifty future at 4203 with stoploss at 4180 for targets 4245, 4290, 4325

Bear Level

Short nifty around 4340 with stoploss at 4365 for targets 4315, 4290, 4245

As we are nearing expiry, 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 alone be responsible for profit/loss.

Technorati : Market Outlook, Nifty, Nifty Outlook
Del.icio.us : Market Outlook, Nifty, Nifty Outlook
Zooomr : Market Outlook, Nifty, Nifty Outlook
Flickr : Market Outlook, Nifty, Nifty Outlook

Nifty Outlook 23-June-2009

Flashback

Readers who went long at long level would have booked a loss as nifty was on a one way track which went only downwards. Readers who went long in reliance capital would have had the oppurtunity to book 20 rs profit as the stock gave up all gains after that

Bull Level

In case of gap down buy nifty future at 4140 with stoploss at 4118 for targets 4190, 4220, 4240

Bear Level

In case of flat or gap up opening, short nifty future at 4290 with stoploss at 4310 for targets 4240, 4190, 4160.

DLF - Feed the Bears

DLF has made a reversal pattern at a key resistance area

Tomorrow short DLF at retracement level 331 with stoploss at 342 for targets 309, 290, 275.

Technorati : June, Nifty, Nifty Outlook
Del.icio.us : June, Nifty, Nifty Outlook
Zooomr : June, Nifty, Nifty Outlook
Flickr : June, Nifty, Nifty Outlook

Weekly outlook June 15 – June 19

NIFTY

Nifty has made a long legged doji on weekly charts.

For next week nifty resitances are placed at 4670 and 4750 while supports are placed at 4475 and 4365.

Sultan of Stocks – Reliance Industries

Reliance has closed in a high resitance zone this week.

Unable to trade above weekly resistance level of 2395, bears will attack RIL and take it down to 2155 and 2090

King of Banks – SBI

If SBI .is unable to trade above 1695 next week, expect SBI to drift down to support level of 1540 and 1500

Oil Barron – ONGC

Weekly resistance for ONGC are placed at 1150 and 1200 while weekly supports are placed at 1060 and 1025.