Safe Trader can book 100% profit in HDIL. 120 to 122. …124 was our final target. This target was passed on phone and reply of many Email.
We are advising that please book or prevent your profit with every rise, Best trade will be hold Stock or Nifty /Bank Nifty with SL 6014 in Intraday Trade.
Good Morning friends
- Nifty will open strong.
- Nifty in January series can test 6044/6148. Book you long with first target or make SL at 6014(spot)
- Nifty 6074 is very visible.
- Nifty is enjoying very good support
- Bank nifty book 100% profit near the final target.
- Nifty have immediately support is 5978. Second level support is 5944.
Nifty above 6018 no problem can go to test 6044/6058.This is Intraday Advice.
Nifty below 6014 can go to test 5980. We are not advising for short position. If sign is up, do not trade against of trend. This is Intraday Advice.
USA DOW, can gain further 160 to 240 points in near future, Remember that will be high for this month. (We informed DOW rally while DOW was laying at 12850 checks our old Good Morning Post) We are strongly telling that Global market will take rest in this week. We are thinking might be tomorrow our market going to make high for the week. Do not make short position until our advice.
Read Full post many more Updates @ www.dreamearn.com
Data Front:-
Global data and news, many data will come most of them are look good.However, any big rally is not expected in near future.
This week IIP data will come at end of the week that look weak. (Better view we will pass later)However, Weak IIP data will not hurt market sentiment. Seem to us that market can zoom with weak data. (Depend on Global Market sitatuation)
Currency Front:-
Indian Rupees will go to open strong. INR will run flat to strong in Intraday. Rupees can test within 5 days 56.80.
Gold Price View:-
Buy below 29,500 -30,000 Investor can 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 be opening strong and going to trade full day in strong line.
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 mix to flat.
Europe Market will run mild positive.
USA Future market will run flat.
News Front:-
Delhi Based construction company will be in limelight as Delhi Government allowing extra one floor. This is just sentimental effect.
Some leading steel company are rise steel price, we passed this information on Friday post that
JSW rise the steel price other will follow. Remember only a day effect will come.
US Pension fund dumps Indian Oil Corporation stocks on Iran Concerns more, big fire take place at Gujarat.Bad impact will come.
NTPC can see selling pressure.
Air France –KLM in Advanced talk to buy Alitalia, This news can give sentimental boost to our AIR LINES SECTOR.
Dr. Reddy Acquires 80% stakes in octoplus. This is good for long term.
We are bullish on sugar sector from last 15 days (check our old post) Friday we seen Merrill Lynch brought share at Renuka.
Manappuram Finance, Hudson Eq sells large number of share. Negative impact will come or run will stop.
GSFC / SANGHVI MOVERS, HDFC Mutual fund brought good number of share. Positive impact will come in near future.
Education sector can come to limelight January and February. Hold position at Education sector Let Picture to come clear.
Concern is rise in Education Sector as government planning to reduce budget around 7%. This is just street news.
Diesel car can get duty hike. This is just street news.
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Dance Sector:-
WEEKLY DANCE SECTOR WILL PASS WITHIN TRADING HOUR OR TOMORROW.
Positional Trade Guide: -
1) Nifty for 6044/6078/6124. SL will be 5944. Day trader can hold with 6014 for 5958 hardly.
2) Bank nifty SL 12684 Target will be 12924-12880 Traders have to book 100% profit with target.
3) Tata motor we booked massive profit, Hold Fund for further instruction. Tata motor can give more correction. Please keep away.
4) M&M Holds with SL 924 for 984.
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. Hold for final target.
6) SBI we booked our massive profit. Hold your fund. Do not try to buy at upper level. SBI still can go up around 24 to 38 RS. We are hoping one small correction will come than we will take decision.
7) IFCI Holds for 40 – 41 with new SL 36.80.
8) L&T buy for 1684/1714/1754/1800. SL will be 1524. We booked 50% PROFIT some days back near 1660. Fund we will keep for Re- purchase near 1580. Do not act now.
9) Arvind for 108/114 if Holds 98. We brought 99-100. If anyone are willing to hold can hold for new target 120 to 124 within February 2013.
10) Ranbaxy Lab for 522 SL will be 492. Ranbaxy new target will be 538. SL will be 508. Please use system SL @ 508.
Thank you very much for following and reading our post.
Ideas had taken from Mr. Chetan Singh,Mr.Jignesh, Nano khan, Kamboj and Neeraj.
By: – Neeraj