Jan 6, 2016

On dot

Well we closed sharp at 7741 NS ---- First phase of short selling got over today.

No comments for tomorrow as we are at crucial juncture of 7740 NS . If bounces from here and closed above 7840 then we are headed for all time high & If we close for two days below 7735 NS
doors open for 7540 and even 7200 odd levels.

Would like to keep fingers crossed and will take a call on Nifty tomorrow . Will update tomorrow during market hours

As Expected ADAG stocks Melted  - - Don't be long in it.

LIC Housing Finance has not corrected - -  keep a watch on it for selling opportunity .

Have a Great Day ! !

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