Tuesday, 22 January 2013

MARKET MAP FOR JAN-23

                          As per our view nifty took exact support at 6040-6046 & closed at 6048. It's now near to our support level. We already said here that dollar seems to be strong so this will effect in equity market.please be caution on upside, Because open interest of nifty call option 6000-6200 adds nearly 15lak shares.Also some liquidation seen in put option. If we consider Nifty EOD chart it shows little bearish now. Please keep sl for all your longs at 6007 on closing basis.
               Banknifty also seems to be little weak & also nervous, because  some rumours are going on in market regarding RBI interest rate which keep hold with no change.Let us see what will happen???. Nifty closing below 6046 will be little danger. Keep this in your mind while trading. 

Nifty resistance-6075-6080, 6100-6105 (major)
Nifty support   - 6024, 6007-6077-6083, (major)  


BHEL             : Buy above 232.5 sl of 229 target
                       will be 236, 240 Keep hold this...
JSW STEEL    :Sell below 857 sl of 863 target
                       wil be 851,844
SESAGOA        :Buy near 183 sl of 180 target

                       will be 188, 192 (positionally)


PORTFOLIO ALERT
  Keep hold as per our view.....
 
  THANKS & REGARDS
      NSEBSENOW