Monday, January 2, 2017

January series update

 Dear friends, Last month even i didn't update a single post. In December i promoted in my personal life, yes i got a promotion as a father on 12/12/2016. Female baby we didn't named till now. After a week of birth my baby has some health issues and kept it on NICU. That's why i cant able to participate that much in market. Now both mother & baby fine now.

Let's back to business, in December series market is in high volatile mode. Dec 9 it was trading around 8250 and Dec 26 around 7900 again expiry day around 8100. It's a huge volatile in this short time span. In the last report we mentioned closing below 7900 is trouble, it breaches 7900 but can't sustain it. 

Now current month also doesn't have a clear view. Anything closes above 8366 is a positive sign. But it's a million dollar question weather it crosses or not. If it crosses then immediate target is 8391.

Stocks in breakout

DLF & IBREALEST

Swing Trade

If INDUSINDBANK goes above 1120 then next target is 1160.

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