Friday, 11 January 2013

11th Jan 2013 - Morning update courtesy Dreamearn.com

Good Morning friends,
  • Nifty will open flat to positive.
  • Nifty will take support at 5904.
  • Nifty in January series can test 6138.
  • Nifty is enjoying very good support
  • Bank Nifty target and SL will come tomorrow.
  • Nifty is running in danger zone. If not holds 5944, Nifty can see 5918 to 5904.
Dear If Infosys result or guidance little bit well, Nifty will take big support. Nifty is not getting support from IT, If IT will support all target in Nifty will come in next week. Market can over look weak IIP data. Infosys Good result can give support to nifty at 5948.

Follow the level and win the race.

Infosys ADR is giving some smile on the face, around 3% gain after a long time. However, ADR shown good buildup in last few days. Indian American or Trader is smarter than we are. Let check within few hours.

Nifty, If went down in first half, second half we are hoping 100% recovery will come. If we will check history chart in last 10 year, Today will be the bottom-making day for the month.

Nifty above 5978 no problem can go to test 6010.This is Intraday Advice.

Nifty below 5970 can go to test 5954/5944/5938. This is Intraday Advice.

Dow can take support and start to run for another 150 points. Dow chart is telling they have good support @ 13288. Dear Dow had given 144 points gains in two sessions.

Nifty’s Monday high will be resistance for this week. As we had wrote last night.

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 rallies had not expected in today.

India:- IIP data will come that look weak. Market will take negative notes and seem to us that Nifty will go blow 5930 or near. Second half, we are expecting 100% recovery.

Currency Front:-

Indian Rupees will go to open strong. INR will run strong.

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; if you wish to buy, Gold or silver that just click away – Gold.)
 
Dreamearn.com is not taking any responsibility about subject trade house. Trade or make relation on your own risk.

Oil Front:-

Oil will be opening flat and going to trade full day in flat to 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 flat to positive.

Europe Market will run positive.

USA Future market will run flat.

News Front:-

Government all set to go for diesel/LPG/petrol price hike.

Railways fare rise by 20%. This is good for nation and good for support or infra company. Buy for 5 to 10% Titagarh Wagons, Kalindree Rail and Texmaco Rail.

www.dreamearn.com or write to support@dreamearn.com

Dance Sector:-

Reality is our pick. HDIL, DLF, UNITECH … Please take position in DLF, Book 100% profit in Hdil and Unitech before IIP. Second, half buy DLF.

Positional Trade Guide: -

1) Nifty for 6044/6078/6124. SL will be 5904. Before IIP data book and buy again at lower level.

2) Bank Nifty wait.
3) DLF is buy call for 236/242. SL will be 228. Buy only second half.

4) UCO Bank SL will be 82 Target will be 88.Before IIP data can book.
5) Hold KTK Bank for 194 targets within this series. SL is revised 164. Before IIP data can book.
6) Sell Hexaware, If Infosys result is bad. Target 84/82. After IIP data can book. / If Infosys result good, buy TCS for 1284.

7) Gulf Oil Corporation for 94/98 SL will be 86.Before IIP data can book.
8) Ind- Swift Lab with SL 54 Target 64/68.

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. We are running in profit. Better to cut before IIP Data.
Thank you very much for following and reading our post.

Ideas had taken from John,Mr. Chetan Singh,Mr.Jignesh, Nano khan, Kamboj and,Neeraj
Written By: – Neeraj and Nano khan

No comments:

Post a Comment