Free Intraday Tips :: 23rd January Monday

The benchmark indices the market settled lower for the first time in four weeks with the tax relief for foreign portfolio investors (FPIs) and the resolution of dual control issue on Goods and Services Tax (GST) failing to outweigh the negative earnings from financials, International Monetary Fund (IMF)’s 100 basis points cut in growth forecast and global concerns ahead of US president-elect Donald Trump’s swearing-in ceremony.During the week ended January 20, the S&P BSE Sensex fell 0.7% or 203 points to settle at 27034, while Nifty50 lost 0.6% or 51 points to close the week at 8349.Midcap and Smallcap stocks outperformed. The BSE Midcap index slipped just 0.4%, while the BSE Smallcap index bucked the trend to surge 0.6% for the week.

Nifty Trend Prediction for Monday

free intraday tips

TREND: CONSOLIDATE TO BEARISH
RESISTANCE: 8402 , 8454
SUPPORT: 8319 ,8289
APPROACH: SELL ON HIGH

Free Intraday Tips :: 23rd January Monday

BUY GPIL ABOVE 104.5 TARGETS 105.5 , 106.5 , 107.5 STOPLOSS 102.5
BUY KRBL ABOVE 347 TARGETS 350.5 , 354 , 357.5 STOPLOSS 340
SELL ZUARI BELOW 313 TARGETS 310 , 307 , 304 STOPLOSS 319