Friday, 18 January 2013

MARKET VIEW FOR JAN-18

                                 Market moving as per our view, keep the same view, that is every dip is a buying chance only. So keep buy keep on buy on every dip with max sl of 5968 on closing basis only.Our resistance levels worked out very well. In nifty 6000 put adds nearly 14lak+ shares in OI (open interest). This may gives more & more energy to bulls now. For short term nifty will give good support at 6000. In call options we seen some liquidation in their position.
                    We are looking some upside target towards 6150-5180.since last one month we are looking for this number only. please note one thing please avoid bank & auto sectors now.Try to concentrate on reality, metal, oil sectors....After market hour Hero motocorp delivered Q3 result below expectation.Let us see what will be the reaction in that stock????

Nifty resistance-6080-6085, 6115-6124 (major)
Nifty support   - 6000-6010, (major)  


TITAN       : Buy above 279 sl of 276 target
                   will be 283, 287
TATASTEEL:Buy above 421 sl of 417 target
                  wil be 426,431 

PORTFOLIO ALERT
  DLF exited at253. Buy Hdil at 121 quantity 152.

  THANKS & REGARDS
      NSEBSENOW