NIFTY, STOCK VIEWS FOR JAN-03

                         Market starts this year with positive note. Also tested the 6000 mark.  Nifty moving towards the all time high. Fii's did their duty very well as a bulls & pushing the market up. As per our view nifty broke 5968 by gap up opening. now we have another resistance is 6007. This level also seems to be  break by another gap up, once crosses 6007 then another struggling is 6046. 6046 is an important level for this rally,  nifty have to cross this point with volume or it has to trade above this level for 30-45 min. Then our final target for this rally is 6150-6180.
               Once nifty touches our target then profit booking may come. We will deliver our levels later. keep watch our site for further levels.For next 10-15 days banks will go to fire. Because of RBI policy, expectation on rate cut.  let us see.. As per open interest nifty have to hit 6200 very soon
BANKINDIA   : Sell near to 368 sl of 371 target 
                       will be 362, 357
BHEL             :Buy above 240 sl 237 target
                       will be 244.5 , 249

PORTFOLIO ALERT

  Book profit in tatasteel at 452. buy sesagoa 50 nos at 204   

THANKS & REGARDS
      NSEBSENOW