28th Dec 2012 - Morning update courtesy Dreamearn.com
Dear Reader,
Good Morning!
Nifty will open flat to positive.
Nifty down side is very limited from here hardly 20 to 50 points. As per our study.
Nifty will not go below 5818.
Nifty in January series can test 6044/6148.
Bank nifty will be following nifty.
Nifty have very good support at 5814.
If everything goes as plan, nifty will sh0w our buy price.
5784 is our SL. Buy price will be near 5828 -5858.
Bank nifty will come to buy range; Around 60 to 100-point correction is very possible.
Do not worries, just buy on lower end or safe trader can wait to make position on Monday.
Read Full post many more Updates @ www.dreamearn.com
DATA FRONT:-
Data front no any big news or data has expected from Global village. Most of Data will come flat or better. Market need clear words from USA. If clear word from USA, Nifty will zoom for 60 to 80 points.
Currency Front:-
Indian Rupees will go to open flat. However, Rupees can test within 8 days 56.80.
Gold Price View:-
Buy below 29,500 Investor buy gold from this level.
(Gold, Oil and Currency views had given for reference purpose. Do not trade on our view)
Oil Front:-
Oil will flat for day weak.
Oil price correction can help Indian market. We are telling that oil will not run in 2013-2014. There is no big spike are visible in near future.
Global Market View:-
Asian Market will run flat.
Europe Market will run positive.
USA Future market will run positive.
News Fronts:-
Good news from USA that they will work in Sunday too to resolve fiscal cliff. Dow recovers from 150 points down to flat.
Milk and milk related company could zoom very soon. Milk Price hike can possible very soon.
Health care/ hospital chain will give you good return in next five year.
Spicejet and Jet going to add more route from 3 January 2013. Better to buy for Spicejet. We are recommending spciejet since 26 Rs.
Railways share can buy for 5 to 10% gain.
Sugar sector will come in limelight for few days. Sugar decontrol, price hike and good production. What you need more and most of this sector stock near to bottom.
Education sector can come to limelight January and February. Keep eye.
Trade Guide: -
Most of targets are for the Jan series. New purchase will be from lower level. Lower Level could come tomorrow.
1) Buy Nifty for 6044/6148. Sl will be 5784. Target can come within January series.
2) Buy Bank nifty SL 12164 Target will be 12924 can come within January series.
3) Tata motor is buy call for 316/324. SL will be 292. Buy from lower level better buy after second or 3 Jan 2013.
4) Buy M&M near to Support level 924 for 984/996/1008.
5) Buy Bajaj Auto, Target will be 2214/2248/2268/2300/2344. We are long since 2088. This target can come within this series.SL will be 2070.
6) SBI buys, for 2414/2444/2450. SL will be 2324.
7) IFCI buy for 38/40/42 remove Sl and Hold. Call is active.
8) Valecha Engineering Ltd. Buy for 68 SL 60.
9) Vadilal Ind. Buy for 230 SL 208.
10) L&T buy for 1684/1714/1754/1800. SL will be 1524.
11) Arvind for 105/108/114 if Holds 98.
12) Ranbaxy Lab for 522 SL will be 492.
Thank you very much for following and reading our post.
Ideas had taken from Mr. Chetan Singh,Mr.Jignesh, Nano khan and Kamboj.
By: – Nano Khan
No comments:
Post a Comment