MARKET SUGGESTION FOR DEC-14

                                   Dear all last two days nifty seems to be profit booking way.But one interesting thing is FII's still pumping money very highly. In this month total of 9 trading session they invested more than 10,000 cr.Below here we given Dec month FII's invested money in Equity....
Dec-03  =1660.30 cr
Dec-04  =  789.90 cr
Dec-05  =  600.00 cr              This is data taken from Sebi website...    
Dec-06  =  957.20 cr              It includes primary market also. If u check
Dec-07  =2139.80 cr              depth, FII's increasing their position in cash          
Dec-10  =  598.10 cr              & decrease their position in f&o..... 
Dec-11  =  785.60 cr
Dec-12  =1409.90 cr
Dec-13  = 3019.50 cr
Total      11960.30 cr
                                        Now what next ?????? Technically nifty shows some selling signal, as per open interest of nifty options also seems to be some what bearish because 5900&6000 call option OI added considerable volume. So any upper level near 5900 is to be shorting opportunity. This trend is just for short term may be 2-3 days. We have very good support @5815, if it break then our target will be 5739
NEWS OF THE DAY
 Cabinet clears the cabinet committee on investment (called as National investment board NIB), has been cleared by cabinet. This news may give little boost to infra sector.Because our FM Mr.Chidambaram had recently said there were over 100 projects, each involving an investment of Rs 1,000 crore or more, that have been delayed due to various reasons. So let us wait & watch the infra sector will do...
SBI             :Sell below 2257 sl 2271 target 
                     will be 2233,2222
BANK NIFTY :Sell below 12222 sl of 12270
                    Target will be 12150,12100

PORTFOLIO ALERT

  Put sl for tata steel 25 quantity we were bought @ 363 at 386. If market comes down we will bought again.

THANKS & REGARDS
      NSEBSENOW