Friday, 25 January 2013

25th Jan 2013 - Morning update courtesy Dreamearn.com

Good Morning                                                                                                          
  • Nifty will open positive note.
  • Nifty technical looks weak, Nifty have strong support at level 5988. We are hoping Nifty will recover.
  • Nifty can see 6164 target in this series.
  • Bank Nifty if holds 12534, able to test 13300 with help of RBI rate cut.

Day view for Nifty:-

Nifty can open in positive note and going to run for some points. We are hoping that nifty will take support at 6000 and give one pull back rally. This rally can stand if nifty hold above 5998 to 6004.

We are hoping nifty going to hold above 6004. Nifty can give 30 to 40 points from today close.

Tomorrow is very important trading day for Nifty.

Nifty is heading for 6164 within this series. SL for this trade will be 5988.

Bank nifty is heading for 12660 Make SL 12534. Target can come within this series.

Nifty can buy for 6044 SL 6004.

Nifty range will be in between 6019 + 30 = 6049, Nifty lower side is 6019 – 18= 6001.

We are strongly advising buy from lower level. Use dips to buy. Best buy will be 6010 or below. Please use system SL 5988.

FII VIEW:-

FII are buying in cash and taking profit in future, that mean they are not expecting virgin run. One more session can show negative session. Hope from tomorrow they will take stand to buy in future.

MID AND SMALL CAP VIEW:-

Midcap and Small cap can give one small recovery rally.

USA MARKET VIEW:-

DJIA still look good. However, upside is very limited in DJIA.

Data Front:-

Global data and news, no big news or data had expected for tomorrow.

Currency Front:-

Indian Rupees will go to open strong and run full day going to run positive to flat.

Gold

Sunday or Monday …buy Gold.

Oil Front:-

Oil will be open flat can run for some time. We are negative on oil for tomorrow and Friday.
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 to negative.

USA Future market will run negative.

News Front:-


HDIL please keep away, we try our best to get in but not able to go throw. John says price is full in, so off loaded. Some traders are telling might be MD of company will buy stock at 50% discount. Market news is baseless. Many are telling HDIL can see 30 rs. Whenever we will know, message will pass to Dreamearn.

Keep away from Gujarat Alkalies & Chemicals LIC sold out holding. Who know something like Cipla and Tata Motor can come.

If you want to play on New Banking License, go and buy L&T Finance, Shriram Transport Finance.

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.

Dance Sector:-

This week, we not got any gain from this segment.

Result Highlights of the week:-

L&T, we not passed our own views on result as Team is holding stock in subject.

Tata Coffee and ICRA going to give result on 25th Jan. Tata Coffee result will be flat.
USA Starbucks deliver inline result. Let see what come out from Tata Coffee. Extended hour Starbucks is gaining. Hope Tata Coffee will gain.

ICRA is going to deliver very good result. Tomorrow we will trade in ICRA. Buy side.

Tata coffee is looking weak. ICRA also look flat to negative.

Positional Trade Guide: -

1)    Tech Mahindra buy for 1064. Buy near to 970 to 975.
2)    Buy ICICI bank for 1204 Target SL will be 1154. Buy below 1168.

3) Buy NTPC for 164 SL will be 160.

IF YOU NEED MORE VIEW, PLEASE 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 ,Neeraj and Prachi Didi.
Written By: – Nano Khan

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