Flashback
On a day of heightened by volatility where most traders would have got caught, readers of the blog would have made superb money in short as nifty fell down to second target.
Olaaaa Vaccation time………See you in two weeks ( Will be back on 7th September). Have a good time folks !!!!!!!!!!!!!!!!!!!!
Flashback
Readers would have booked a small loss today as nifty triggered stoploss on an insipid day for trading.
Bull Level
Nifty future crossing 4680 buy on retracment to 4660 with stoploss at 4633 for targets 4715, 4735, 4750
Bear Level
Nifty future breaking 4635 short on retracment to 4660 with stoploss at 4680 for targets 4600, 4580, 4560.
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.
Bear Level
Short nifty future around 4638 with stoploss at 4660 for targets 4550, 4520, 4480, 4400.
There is no bull level for today.
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.
Last Week’s weekly levels were again spot on
Weekly Resistance Levels
R5 4770
R4 4700
R3 4640
R2 4595
R1 4550
Weekly Support Levels
S1 4440
S2 4340
S3 4230
S4 4180
S5 4130
Weekly Resistance Levels
R5 7800
R4 7700
R3 7640
R2 7530
R1 7430
Weekly Support Levels
S1 7202
S2 6985
S3 6760
S4 6650
S5 6550
Flashback
Nifty triggered stop loss and crashed down
Bull Level
Nifty future crossing 4505 buy with 4480 as stoploss for targets 4545, 4565, 4590.
Bear Level
Short nifty future around 4485 with stoploss at 4505 for targets 4435, 4400, 4375
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.
Flashback
Nifty triggered short level and crashed to almost last target given.
As usual readers would have printed out the almighty dollar.
Bull Level
In case of flat opening buy nifty around 4355 with stoploss at 4325 for targets 4390, 4410, 4455.
Bear Level
1) Short nifty at 4460 with 4495 as stoploss for targets 4410, 4390, 4330.
2 ) In the scenario of nifty future breaking 4325, short on retracement to 4355 with stoploss at 4390 for targets 4295, 4250, 4230.
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.
Bull Level
In the scenario of nifty future crossing 4490 buy on retracement to 4450 with stoploss at 4420 for targets 4510, 4550, 4590.
Bear Level
In the scenario of nifty future breaking 4420 short at retracment to 4460 with stoploss at 4490 for targets 4400, 4355, 4325
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.
Bear Level
In the scenario of nifty future breaking 4320 short on retracement to 4365 with stoploss at 4400 for targets 4300, 4280, 4255
Bull Level
Buy nifty future at 4250 with stoploss at 4215 for targets 4280, 4300, 4325.
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.
Bear Level
In the scenario of nifty future breaking 4545 short on retracement to 4560 with 4580 as stop loss for targets 4520, 4505, 4485
Bull Level
In the scenario if nifty future crossing 4580 after triggering bear level, buy at retracement to 4560 with stop loss at 4545 for targets 4595, 4610, 4635.
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.
Day Trading the Indian Stock Market 