Update..... 16th January 2013

 

 

 

World Economic Data's

 

Q3 results : December 2012

 corporate results which may dictate the near term of the market. The corporate results due for release this week are -- TCS, Axis Bank, Bajaj Auto, Hero Honda, HCL Tech, Reliance Industries, ITC, HDFC Bank, Wipro to name a few. Readers are advised to trade with caution keeping stock specific approach. 

 

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Posted on 15th Jan "Nifty good Hurdle at 6110" (Today high 6096)......."Nifty good Support at 6020" (Today low 6036)

Nifty :- 6083

 

Nifty good Hurdle at 6115 above that next.... Resistance at 6155——6185,

 

Nifty good Support at 6040 below that next.... Support at 6005——5970.

 

 

NIFTY FUTURE !! "6010" MAJOR RESISTANCE LEVEL.

CLOSE ABOVE 6010 FOR 3 CONSECUTIVE DAYS THEN OUR SHORT TERM TARGETS UPTO 6150-6220.

 (updated on 11.12.12)

 

(Already 3 days closed above 6010 level……….now our short term target 6150-6220 )

 

 

NIFTY FUTURE ON 15 JAN 2013 MADE A HIGH ....6096.

 

 

Posted on 15th Jan "Bank Nifty good Hurdle at 12930 above that next resistance at 13020" (Today high 12975)......."Bank Nifty good Support at 12720" (Today low 12770)

Bank Nifty :- 12910

 

Bank Nifty good Hurdle at 13030 above that next.... Resistance at 13150——13340.

 
 Bank Nifty good Support at 12770 below that next.... Support at 12600——12520.

 

 

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