MARKET MOVING WITH WORLD MARKET SUPPORT

                   Market exactly moved as per our view, We said banknifty looking to take U turn. Also we warned shorter be careful on downside & market may bounce at any level See what happened now. Hereafter which direction market will move??? All world markets are in very strong now, same things are reflecting in our market also.But we have some resistance for next up move.Bank sector, IT sector, Auto sector moving well. Now metals sectors seems to be U turn.Keep watch it.

             As per OI 5700 put now build strong support having 83lak shares in OI. In call option OI looks 5900 & 6000 seems to be strong resistance.Nifty having resistance around 5815-5823, suppose if it break then we may see 5968. FII's reducing their investment cash & now they concentrating on future & option. This rally is not pullback rally. it's just covering oversold positions. So nifty have to close above 5815 then only strong. otherwise any time it may fall.

Nifty levels:

Nifty resistance - 5815-5823, 5845-5853 (major)
Nifty support     - 5770-5763, 5745-5739 (major)

Stock calls:

COAL INDIA : Buy above 318 sl 315 target
                      will be 322, 325
Sun pharma : Sell below 798 sl 813 target
                       will be 785,777
Keep hold both calls still not hitted sl & target

PORTFOLIO ALERT

  Please hold all stocks....

THANKS & REGARDS
      NSEBSENOW