indiamarketoutlook

indiamarketoutlook Updated 

Suzlon Energy CMP 14 At cmp and on dips the stock can be looked for accumulation. The stock is in the support zone of 13-14.2 Going and sustaining above orange trend line T1 15 ( Short term ) T2 19.2 ( Medium Term ) T3 28-33 ( Long term ) SL if it goes below green trend line currently around 13 Do review ur trading plan & plan ur trade...

indiamarketoutlook

ONGC CMP 188.95 The stock on sustaining above 190 can rise towards 220 - 228 zone Take care & safe trading...!!!

indiamarketoutlook Updated 

NIFTY CMP 10349 Poll results are showing positive results for BJP win Reaction we have got is a 100 point jump in Nifty So Howz it gonna be going forward... Let's look at the chart We observe that with today's jump Nifty is just above the trend line levels How ever since this is Rumour driven it is difficult to say whether it is a real break out... Buying...

indiamarketoutlook Updated 

Nifty CMP 10298 Last time we exited from our Short position in Nifty at 10072 sensing a bounce back. We expected the bounce to get halted in the 10200-10240 zone however there were no signals of initiating a short position... In the current set up at cmp & on any rise if gets rejected around 10340-10360 may be a good shorting opportunity for initial target of...

indiamarketoutlook Updated 

JP Associates CMP 17.60 Holding 16.40 levels the stock will confirm a higher top higher bottom formation At cmp & / or on dips towards 17.20 - 16.80 the stock can be looked for T1 18.60 ( Short term ) T2 21.80 ( Medium term ) SL if closes below 16.30 Review ur trading plan & plan ur trade accordingly Take care & safe trading...!!!

indiamarketoutlook Updated 

IDBI Bank Closing Price 60.70 The stock has potential either side... Bullish case Probability of further upside increases if stock closes above 62.20 T1 66.20 T2 70.30 SL if closing is below 58.60 Bearish case Probability of more down fall increases if closing is below 58.60 T1 56.50 T2 54.5 SL if closing is above 62.20 Will be keeping a close watch...

indiamarketoutlook

Aurobindo Pharma CMP 683 The stock is near support zone & can be looked at cmp and on dips T1 718 T2 766 SL 625 Do review ur trading plan & plan ur trade accordingly...!!! Take care & safe trading...!!!

indiamarketoutlook Updated 

ICICI Pru life CMP 370 Trend is down but is near important Fibonacci retracement level Buying can be considered above 372 or on dips towards 360 T1 378 T2 388 T3 401.5 When trade gets activated Keep a Stop loss Rs 6 below buy price Take care & Safe trading...!!!

indiamarketoutlook Updated 

Nifty has got a pullback but does it have the strength to go past the gap...??? Going Below 10080 will suggest no follow up buying... Going above 10130 may trigger little further short covering...

indiamarketoutlook

Rpower Cmp 36.75 T1 38.5 T2 40.80 Keep a small Stop at 36.3 Take care & safe trading...!!!

indiamarketoutlook Updated 

Asian Paints CMP 1148 Last time we took a short in Asian Paints at 1186 and booked profits at 1147... Now the stock is back at 1147 but has broken blue trend line and today if closing is below 1154 then it could be dicy for Asian Paints as it would breach the trend line on weekly closing basis... It could head lower towards 1131 below which might suggest...

indiamarketoutlook Updated 

Nifty CMP 10118 If you have been following us, you will see we have been cautioning Nifty since 10340-10398 levels. Last time target given was 10120. It achieved that target on Friday and it has been 3 days since and Nifty is still hovering at 10120 giving the red trend line it's due respect... However the current set up suggests staying below 10200, Nifty...

indiamarketoutlook Updated 

Bank Nifty Closing Price 25124.85 We have RBi Policy tomorrow... As per Andrew's Pitchfork Strong resistance at 25480 Crucial zone 25180 - 25080 Support at 24820 levels We have identified important levels and we keep ourselves ready. Will update this thread further during market hours... Take care & safe trading...!!!

indiamarketoutlook Updated 

ICICI Bank Closing price 305.25 The stock is at make or break levels. Keep a close eye as opportunity could be in any direction.... Sustaining the zone of 302-305 the stock has the potential to head higher T1 314 T2 318 SL 298 Breaking 302 the stock may get weaker and probability of testing & trying to fill the gap zone increases T1 288 T2 276 SL...

indiamarketoutlook

Idea CMP 92.8 Sustaining below 92.5 T1 91.6 T2 88 sl 94.5 Take care & safe trading

indiamarketoutlook Updated 

Biocon CMP 518 The stock is up big time on news of USFDA approval for Herceptin biosimilar, but charts had already indicated to expect some positive reaction. Notice how the stock had closed (Friday's closing at 447) well above the previous high of 438.85 indicating strong buying by strong buyers expecting positive outcome... You don't need any rocket science...

indiamarketoutlook

A batsman’s (trader’s) approach to his batting (trading plan) depends on Whether he is playing: - Test match (Long term investment) - One day International ( Medium term) - T20 match ( Short term / Leverage trade) - Or for that matter a Rain hit T20 match ( Intra day High leverage high risk trade) While playing a test match a batsman’s - Focus is on avoiding...

indiamarketoutlook

Hi every one Hope u all are doing good... With Friday done and weekend ahead just thought of posting a thought... which you can read before you go to bed... & if it makes sense do let me know what you guys thought of the thought... :-) ______________________________________________________________________________ So Is trading all about buying and...