Market likely to open flattish to negative at open and trading will be sideways due to low volume activity taken by investor and FII.
Market condition looking to be clear around 14th of this month as announcement of result calender Infosys and others company give line of current 1-2 month future strategy for stock market also second big session of RBI policy expecting to ease interest rates as inflation down and yesterday food inflation showing negative ,i write here earlier inflation figure is just a matter of figure base effect still not easing in India ,as inflation data comparing last year so inflation still looking high and future i don't feel any reason to make happy to Indian customer.
Stock market investor still wait those who having position in stock already need to book partially profit and buy at deep levels.
Now due to festive of makar sakranti coming and also big kite festival in Gujarat people in Gujarat and living in mumbai say it "uttran"so as among all this news volume and activity just after 15 January till that don't take long position in now just trade intraday.
Nifty looking to go upside around4865 it take heavy resistance then5000 so wait to nifty around this level and short at here with stop loss.
Buy IT counter for 10 days today for handsome profit.
Market condition looking to be clear around 14th of this month as announcement of result calender Infosys and others company give line of current 1-2 month future strategy for stock market also second big session of RBI policy expecting to ease interest rates as inflation down and yesterday food inflation showing negative ,i write here earlier inflation figure is just a matter of figure base effect still not easing in India ,as inflation data comparing last year so inflation still looking high and future i don't feel any reason to make happy to Indian customer.
Stock market investor still wait those who having position in stock already need to book partially profit and buy at deep levels.
Now due to festive of makar sakranti coming and also big kite festival in Gujarat people in Gujarat and living in mumbai say it "uttran"so as among all this news volume and activity just after 15 January till that don't take long position in now just trade intraday.
Nifty looking to go upside around4865 it take heavy resistance then5000 so wait to nifty around this level and short at here with stop loss.
Buy IT counter for 10 days today for handsome profit.
