Good Morning
- Nifty will open positive note.
- Nifty technical looks flat, Nifty have strong support at level 5978.
- Nifty can see 6138 or higher target in this series.
Nifty will take support at 6024.
Nifty range will be in between 6039 + 35 = 6074, Nifty lower side is 6039 – 24= 6015.
We have very strong feeling that Friday will be good for our market.
Dow chart still looks good, Dow will run in positive note for tomorrow. Target will be hardly 44 points. However, Dow is coming to resistance level 13554. Dow views are publishing for next day.
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. China Data can bring smile on Metal trader.Currency Front:-
Indian Rupees will go to open flat and run full day weak to flat.Gold
Price View: – Tomorrow will be good day for commodity Gold and Silver can give brightness. This view is for Indian Market.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. This view is for Indian Market.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 flat.
USA Future market will run flat to negative.
News Front:-
Keep eye one news that Hero Honda worker unrest can come. Keep eye. Hero Honda has already bad time and if this news came in real. Big correction will come.If you want to play on New Banking License, go and buy L&T Finance, Shriram Transport Finance.
Government all set to go for diesel/LPG/petrol price hike. We are telling this from one week. Now it is real. More rise in Fuel price will come very soon. Stay tune with us.
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
Result Highlights of the week:-
Hero Honda going to deliver result on 18 Jan. Result will be poor.ITC will deliver good result; however, we are not advising to buy now. As next month, lot of tax had expected from government. We are hoping something big will come on ITC. However, remember that the time to buy ITC as they will pass all Tax burden to customer. Result will be on 19 Jan.
HDFC BANK will deliver good result, as they are doing most of the time. 18 Jan will be result. Some question is coming about HDFC Bank result keep eye open.
Wipro Ltd. will deliver good result on 18 Jan.
Reliance Ind. will deliver flat result on 18 Jan. RIL can give flat result.
Positional Trade Guide: -
1) Hold Wipro for 440 SL 406. Target has revised to 448. Please book at opening.2) Tech Mahindra buy for 1064. Buy only below 1022.
3) RIL holds for 909.
4) Holds your 1600 call on L&T for 44 SL is 12.
5) Hold SBI Put 2400 for 40. SL is 12.
6) Hold your Axis Bank put for 38 We brought today @ 25. SL is 16.
7) Hero Moto holds your short for 1720. We made short position. Target will be 1784/1768/1754/1720. SL will be 1844.
IF YOU NEED MORE VIEW, YOU CAN VISIT WWW.DREAMEARN.COM
Thank you very much for following and reading our post.Ideas had taken from John, Nano Khan,Mr. Chetan Singh,Mr.Jignesh, Kamboj and,Neeraj
Written By: – Neeraj
No comments:
Post a Comment