Wednesday, 16 January 2013

MARKET SUGGESTION FOR JAN-17

                       Market now having very fear.If we look weekly chart nifty bearish below 5968-5960 only. So any dip near to this support level is a buying chance only. For healthy upmove we need this type of consolidation. Because some under performed stocks will looking to move up now. Please concentrate on some undervalued stocks. 
                   Still FII's buying continuously even nifty loose 50+ points but fii's bought more than 1000 cr in cash. So they are highly bullish in our indian market. Upto RBI policy market seems to be flat or range bound only.We recommending please avoid bank stock for next two week or trade light quantity.As of now bluchip firms delivered good result. If we consider in OI of nifty market seems to be liitle bearish. But we don't mind it now, responsible buyer will take market to higher.

Nifty resistance-6030, 6050-6060 (major)
Nifty support   - 5980, 5960-5968 (major) 


Zeel      :Sell below 222 sl of 225 target 
               will be 218, 215
Rel infra: Sell below 535 sl of 538 target
               will be 529,524

PORTFOLIO ALERT
  keep hold all stocks, Keep sl of DLF at 248, if u get 253 then exit from dlf.
  THANKS & REGARDS
      NSEBSENOW