Wednesday, January 2, 2013

MARKET TREND :OPTION TIPS FOR TOMORROW

Buy STER 125 call @ 3 tg 5.70,7.80 sl 1.50
The call given of ICICI BANK in last post achieved first target .
NIFTY OUTLOOK FOR TOMORROW
As we have predicted nifty opened and sustained above 5950 today. The highest point nifty touched today was 6004 where as lowest point was 5982. Nifty has good momentum near 6000.Once we cross the Nifty levels of 5990 we are likely to see an attempt to get past  and maintain the landmark figure of 6010 as well....
However, the range between 6010 and 6027 would, most likely, offer good quantity of stocks as people come in to book profits. The whole range between 5950 and 5980 would act as the major support zone. In fact, given the current scenario we expect the index to not even fall below 5910 on any profit booking.
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RESISTANCE:5990 5610, 5650
SUPPORT      :5980, 5950, 5900

6 comments:

  1. Good Evening Ji,
    I am Manoj.Last few days i will our watch site& posts its really well,because some technical view will use it Clear way.I brought SBIN CALL@54.55 in jan series .........till Hold or sell at persent level Ji .............in your view Ji

    ReplyDelete
    Replies
    1. hello sir,yes u will have to hold this call for some time

      Delete
  2. good morning
    very nice blog giving the view about the market and option calls also.

    ReplyDelete
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    ReplyDelete
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    ReplyDelete