MARKET SUGGESTION FOR JAN-22

                            Weeks first day nifty starts with positively.As per open interest now nifty holding very good support at 6000. 6000 Put holding with 90lak shares in OI.Upside resistance now 6200 & Call holding with 82 lak shares in OI.So market seems to be range between 6000-6200. Fii's as usual they non-stop Buyers in our market. Now keep watch on Dollar rate because if it comes below 53 then profit booking will come in equity market.
              In Q3 results  as of now 80% of corporates shows good result. We are looking market will be in range bound up to RBI credit policy. This month Fii's invested nearly 15k cr in equities. So fii's still bullish mood only. We have to wait upto RBI announcement.

Nifty resistance-6100, 6120-6124 (major)
Nifty support   - 6064, 6046-6040, (major)  

BHEL             : Buy above 232.5 sl of 229 target
                       will be 236, 240
JINDALSTEEL:Buy above 424 sl of 420 target
                       wil be 428,435

PORTFOLIO ALERT

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