Saturday, 23 January 2016

WEEKLY VIEW OF EQUITY MARKET

!!BUY IDEA CELLULAR 107 TG 110,115 SL 104 !!
GAINER’S
                 M&M,HINDALCO,GAIL,TATASTEEL
LOSSER’S
                 BOSCH,HUL,GRASIM,BHARTIARTL


Nifty is expected to open down on starting day of week and then can give a bullish way on market buy crossing the level of 7440. Expiry is expected to remain up as its difficult  to cross the level of 7220 till expiry session of these month. Wall Street surged 2 percent on Friday to wrap up its first positive week of 2016 as a cold snap in the United States and Europe sent oil prices sharply higher. Crude prices, recently under pressure from a global glut, recovered 9 percent as harsh winter weather boosted demand for heating oil and traders cashed in short positions following a steep drop this month. Which is and will effect the oil stocks adversely and can give good return to short term as well as long term traders. Few of the highlighting stocks expected for further week are: TATASTEEL,PCJEWELLERS,RUSHILDECOR,YESBANK,ACCLTD

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