Thursday, 24 January 2013

MARKET PREDICTION FOR JAN-25

                                    Last two-three days market slowly moving towards downside.Now we having only support is 6000 mark. In OI 6000 put seen more liquidation nearly 15lak shares. Also 5800 put adds nearly 10lak shares OI. As per OI now 6200 call is major resistance with 97lak shares & downside 5800 put holding with 84 lak shares in OI. some of midcap stocks now shows profit booking heavily. Only heavy weight stocks holding the nifty now.Although  FII's still buying heavily. So they are mostly concentrating on index based stocks & heavy weight stocks only.
                   Please keep note one think, If nifty break 6000 mark then market sentiment will gets more weak & more profit booking will start. If we are in bull market means nifty never ever break 5992. In bank sector some of banks were fallen more than 8% in last 2-3days. In bank nifty also some of heavyweight stocks are holding the banknifty index. so be careful. world markets are in peak nearly 2-3 years high, suppose if world market starts profit booking then our market fall more from here.

Nifty resistance-6046-6050, 6080-6085 (major)
Nifty support   - 6007-5992, 5968-5960 (major)  
   


No calls for today ....sell any stock if nifty break 6000



PORTFOLIO ALERT
              Our portfolio stock hdil fallen heavily. Please hold we will do some average but not now. It has to settledown to some level. Buy one lot nifty 6000 put only @ 30
 
  THANKS & REGARDS
      NSEBSENOW