Thursday 17 January 2013

Market view 18/1/2013

Market is in clear uptrend, but there is lot of volatility at this level.

For tomorrow, the Nifty levels to watch out are:
Supports: 6000, 6019, 6042
Resistance: 6058, 6070, 6100

If market opens above 6053 and holds this level upto 11am, then you
can Buy Nifty with stop loss at 6038, for target of 6100, 6130

Sell Bajaj Auto @ 2060 - 2070 (spot levels)
Stop loss - 2080
Target - 2050, 2030, 2010

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