MARKET VIEW FOR DEC-19

                            In RBI policy gave nothing in our market. They hold their CRR, REPO, RREPO kept unchanged. Although some of our banks rocked. as usual fii's bought.But Often Market mind setting was changed. Because now nifty 5900 put added nearly 7lak shares in open interest  yesterday. So today market any level near to 5890 is buy with sl of 5878. This is the trend only for today's condition.
                              Last week we suggested to buy metal sector...see  now last two days it rocking, even try to buy metal stock on every dip. This sector will go to rock in coming 3-4 months.

NEWS OF THE DAY                                                                                        
Banking bill passed in parliament. This may give way or attract fii's to invest in banking sectors. Let us see what market will react for this action.
RCOM          :Buy above 76 sl of 74.5 target
                        will be 77,78.5
TATASTEEL :Buy above 416 sl of 411 target
                      will be 422,430

PORTFOLIO ALERT

  Our 5900 put was not activated , because it was not stable above our buy level...

THANKS & REGARDS
      NSEBSENOW