Special Post- Probably the best one so far

An hour into market close, i have 17 emails in my inbox from readers congratulating me on reliance infra. A couple of readers have actually stated how much they made in relinfra and it is mind boggling to say the least. To them the jewel of adag literally became a jewel.
Thank you to all those took the time out send me an email and to those who made full use of relinfra, just keep printing !!!!!!

Nifty Outlook 26-May-2009

Reflecting on a rangebound monday

Nifty traded in a narrow range of 70 points. Readers who followed the blog would have made 65 out of that 70 points as nifty hit entry of long and zoomed to first target.

Readers who took long position on retracement in adlabs can hold onto the same with stoploss and targets remaining the same.

For tuesday trading

Bull Level

Buy nifty future crossing 4275 on retracment to 4260 with stoploss at 4240 for targets 4295, 4325, 4370.

Bear Level

If stoploss of long position as mentioned above is hit short on retracement to 4255 with 4275 as stoploss for targets 4205, 4180, 4165.

Positional Buy : Reliance Infra (Jewel of ADAG)

Relinfra has made a classical bullish pattern on charts.





For tuesday trading
Buy RELINFRA at retracement to 1118 with stoploss at 1088 for targets 1165, 1195, 1240.

Nifty Outlook 04-MAY-2009

Flashback

Nifty trigerred long level, zoomed to achieve targets. In a week truncated by two holidays we had brilliant movement in nifty. As they say in spain, El dorado for Day traders .

For monday trading

Bull Level

Buy nifty future at 3450 with stoploss at 3410 for targets 3495, 3520, 3545, 3575

Bear Level

1) Short nifty future at 3575 with 3601 as stoploss for targets 3520, 3495, 3450, 3425.

2) In the scenario of nifty future breaking 3410, short nifty at retracement level of 3430 with stoploss at 3455 for targets 3375, 3345, 3315.

Jewel of ADAG may retest resistance

On monday short relinfra at 730 with stoploss at 754 for targets 695, 680, 665.

Market Outlook 27-Apr-2007

Bear Level

Short nifty future at 3538 with stoploss at 3560 for targets 3491, 3465, 3435.

Bull Level

Buy nifty future at retracement level of 3425 with stoploss at 3395 for targets 3491, 3530, 3565

RELINFRA running into huge resitance area

Although, relinfra looks fantastic on charts, in case of gap up, it can be shorted at 761 with stoploss at 772 for target 732 for intraday.

In case of subdued opening relinfra can be bought at 728 with 718 as stoploss for target 761.

Have a great trading day.

Market Outlook 22-APR-2009

FlashBack

Volatility was the name of the game today. Sultan of stocks made a small rally which made the nifty close in green.

For Wednesday trading

Bull Level

Buy nifty future at retracement level of 3345 with stoploss at 3318 for targets 3395, 3425, 3445, 3475.

Bear Level

If nifty future breaks 3318 sell at retracement level of 3345 with stop loss at 3375 for targets 3295, 3265, 3240

Stock approach

For wednesday sell relinfra at retracement level of 679 with 693 as stoploss for targets 661, 645, 637.

Above 693, relinfra can be bought for targets 710, 725, 732.

Have a great trading day

Market OutLook 13-Apr-2009

FlashBack
On thursday, market opened near short level, fell all the way down to long level, and then moved all the way up surpassing 2nd target ( Jerry’s bull level and bear level ) . Such a day is godsent for intraday traders who trade with blessings of God of stock markets (Fibonacci). Readers of the blog who took this trade (Relinfra trading ideas posted by Jerry) would be very rich now as relinfra achieved the target of 668.

For Monday trading

Bear Level

1) In case of gap up open, short nifty future at 3501 with stoploss at 3535 for targets 3455, 3420, 3390
2) Otherwise Short nifty future at 3365 with stoploss of 3393 for targets 3325, 3295, 3245

Bull Level

Buy nifty future at 3410 with stoploss of 3383.5 for targets 3455, 3480, 3501.

India’s No.1 Cement Company may be a No.1 shorting oppurtunity

In the above chart, it appears as though acc is struggling to surpass the resistance line.
Hence it can be shorted for positional trade on monday near 600 with stoploss at 623 for target 528.

Have a great trading day.

Market OutLook 09-APR-2009

FlashBack

Nifty future opened with a huge gap down and made an unbelivable journey from my third target of short level to 2nd target of long level. Readers of the blog would have made handsome money in relinfra as it came to buy level of 581 and zoomed from there.

For thursday trading

Bull Level

Buy nifty future at retracement level of 3307 with stoploss of 3271 for targets 3367, 3393, 3415

Bear Level

Short nifty future at 3rd target level of 3415 with stoploss 3436 for targets 3367, 3325, 3307

ADAG magic is working

Below is the chart of relinfra where ADAG magic is starting to work.

For thurday trading buy relinfra at retracement level of 607 with stoploss 591 for target 637, 668

Have a great trading day !!!!