Tuesday, January 21, 2014

NSE OUTLOOK FOR 21.01.2014

POSITIONAL SUGGESTIONS

Nifty is able to  trade and close above 6300. We believe that  6380 will be good resistance and we can expect it to trade between 6380 and 6150 levels. Sell with closing sl at 6380 for the target of 6150. Try 6200 put for Rs.20 and wait for good profits.

INTRADAY SUGGSIONS

Sell nifty below 6320  Target 6300,6285,6265 SL 6340.
         
                                     or

Buy above 6355 Target  6375,6385,6420  Sl 6340

OTHER SUGGSIONS:

Sell LT below 1003 Target 991,980,975  SL 1013

Sell Reliance  below 870 Target 863,856,851 SL 875

Note: Prices are given in Futures Market. Please be strict On SL.  Agressive traders can reverse their positions at SL.

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