Nifty view for the week 19-23January

As you all must have watched, our market analysis is highly accurate and levels provided by us are followed by market,and thus our members mint huge money from any kind of market. Last week also we said that every rise is an exit opportunity,and the result was in front of you all.

This week also,we recommend you all to stay short instead of making long positions,as nifty upside isnt strong,and every rise must be taken as an exit opportunity for long positions and making short positions. On Nifty 2780-2740,is major support any closing below these levels can create panic selling in the market. So beware while making long positions,instead do short selling with stoploss of 2910,and target-2700-2545. Nifty range for this week will be 2880-2545, breakout on eitherside will lead to sharp movement.

Nifty levels-
Resistance-2840-2880-2910-2960
Support-2780-2740-2665-2625-2545

Stocks of the week-
Polaris Software
Akruti
Neyveli lignite
JPT Securities

*Note- Keep booking profits in all stocks at every rise,and keep trailing stoploss while waiting for higher levels.

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