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Wednesday, January 20, 2016

Update on Nifty levels and Equity Pick of the day 20 Jan 2016






Day before yesterday we have seen negative bias trading in Nifty future. It made a fresh low of 7355 and bounced back sharply in yesterday's trading session.


Our sell recommendation and buy recommendation proven great.


Yesterday we recommended buying in Axis bank around 380. It made a high of 395. We booked part profit around 393 and revise stop loss at cost to cost.


Hope you all enjoyed levels every day... Still need trial??



Need not to worry... watch more!







Today.. Nifty Future has support at 7422 and resistance at 7483.




Below 7422... will see panic again till 7383----7355 and then to 7310. More and more panic will see only weekly close below 7310 mark.


Who will save NIFTY below 7310 level???


If it unable to breach and close below 7310 then we could see a sharp upside reversal in Nifty and Bank Nifty.


Today's trading session is crucial for further direction. So trade safely with levels only.





Today's top pick





Tech Mahindra future... Sell it below 511. We will see panic till 496---492---485. Stop loss above 519.





More will be update soon during market hour only on our Android App.