Wednesday 21 January 2015

Market Outlook - 22nd Jan 2015

All our targets have now got achieved. Market is still looking
strong and we are not seeing any negative factors till now.

There can be channel resistance @ 8800-8850

If market can sustain above this, market can even test 8900-8950

We are not suggesting any fresh buying at these levels. It is best
to book profits or trail stop loss.

Traders who have existing positions can hols 8700 as stop loss
and continue to hold their long positions


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