Sensex dropped 0.38%@19,666.59pts;Nifty closed red 0.50%@ 5,971.50pts.
NASDAQ down by 0.23 % while Dow Jones Industrial Avg. down by 0.41 %.
European market CAC, DAX & FTSE were up from 0.04% -0.28 %.
Sensex closed down 75.93pts@19,666.59, Nifty closed down 30.2pts@6,971.50. Market fell on Wednesday as two-wheeler makers such as Bajaj Auto retreated after an industry
body cut its estimates for motorcycle sales, TCS fell ahead of upcoming earnings results.
Railway stocks rallied after the Railways Minister announced hike in fares from Jan 21.
NIFTY OUTLOOK
Trend: - Consolidate
Resistance: - 6020, 6080
Support: - 5940, 5880
Strategy: - Sell on High
BANK NIFTY OUTLOOK
Trend: - Consolidate
Resistance: -12900, 13000
Support: -12720, 12620
Strategy: - Sell on High
STOCK TIPS
BUY MAGMA FINCORP ABOVE 102
TG-103.1/104.3/106.5
SL-100.5
YESTERDAY'S STOCK FUTURES PERFORMANCE:
INDIABULLS REAL EST FUTURES: 2 TG
FEDERAL BANK FUTURES: 1 TG
INDUSIND BANK FUTURES: 1 TG
BANK OF INDIA FUTURES: AT COST
OPTION TIPS
BUY SAIL 95 CALL ABOVE 4
TG-4.3/4.7/5.2
SL-3.7
OPTION CALL PERFORMANCE
IN LAST 4 DAYS WE GAVE 9 CALLS IN OPTION;
ALL HIT TG;
NOT A SINGLE SL;
PROFIT RS.23550
MORE THEN 90% ACCURACY
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