Sunday, January 26, 2014

NIFTY OUTLOOK FOR THE 27.01.2014

Positional Suggestions:

Nifty traded exactly as per our prediction faced resistance at 6380 and felldown to  6269.It almost reached our first target of  6260. Now there may be small bounce back from 6240.But that will not change the directions.  We strongly believe that nifty will touch 6150 with in two three trading sessions. Use every highs to sell nifty for the target of  6150 and 5985.

Intraday Suggestions

Sell nifty below 6280 Target  6245,6230,6195 SL 6305

Other Intraday Sugestions

SELL

Tata Steel  below 375 Target 368,363,351 sl 380

SBI  below 1615 Target 1590,1570,1540 sl 1635

ACC  below 1000 Target 975,960,951 Sl  1015

Note:  Prices are given in futures Market and only for intraday.  Be strict on Sl. Agressive traders can reverse their positions at SL.

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