Market Update

Yesterday we told you all that nifty range for 14January is 2685-2791,and break out on eitherside will lead to sharp movement, and you all must have seen what happened on nifty....nifty breaked the upper range and inched higher. During market hours we gave a resitance level of 2820 on nifty fiture,and you all can see that how many timed nifty reverted back from 2819 levls. Hope you all must be slowly n slowly getting addicted to our highly accurate market view. The resistance level was breaked in the very last 30 minutes of the trade and was only 2pts higher then our resistance level.
The buying seen in the last half n hour of the trade,was just a short covering and not a value buying. So as adviced by us earlier also,one must keep booking profits in all long positions at every rise and must stay with cash to buy stocks at corrected price in coming days.

We have analysed a list of 12stocks which can show the same movement as Satyam,ROLTA,Sobha developers have shown in last days. So investors must not invest in those stocks,as their hard earned money can be wiped off in the downside move of those stocks. The list of these stocks will be provided to our PREMIUM MEMBERS.

On 15January, Nifty is having support at 2765,if this levels is breaked and sustained then we can see more downside with selling pressure coming in markets. Nifty range will be 2765-2825,breakout on eitherside will lead to sharp movement. We recommend you all not to go long without hedging your portfolio. Long positions must be booked at every rise,or one must hedge them with some PUT options. Any closing below 2685 level will invite fresh selling pressure,so keep a track on the levels.

=======================================
To mint money from any kind of market,join our PREMIUM SERVICE.
Contact us at- 09935466303