2013-01-01

 BUY NIFTY FUTURES ABOVE 6001

TG-6016/6036/6061

SL-5975

Sensex closed down 0.09%@ 19426.71pts; Nifty down 0.06%@ 5905.10pts.

European majors CAC up 0.29%, DAX, & FTSE down 0.57% & 0.47%resp.

NASDAQ was down 0.86% while Dow Jones Industrial Avg. was down 1.21%.

Sensex closed down 18.13pts @ 19426.71; Nifty closed down 3.25pts @5905.10. The Market ended flat negative which is expected to remain volatile until U.S. lawmakers reach a deal on tax-hike threshold & spending cuts, a positive outcome could drive shares in the short term. HCL Tech. down by 1.21 percent & TCS also down by 0.67 %.

BUY YES BANK ABOVE 475

TG-478.5/482.5/488

SL-471

NIFTY OUTLOOK

Trend: - Consolidate

Resistance: - 5965, 6015

Support: -5880, 5830

Strategy: - Buy On Dips

BANK NIFTY OUTLOOK

Trend: - Consolidate

Resistance: -12690, 12840

Support: -12500, 12350

Strategy: - Buy On Dips

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