Nifty turning down?

Predicting Nifty moves at this point is very difficult . But this January  will be a wonderful time for option traders due to increased vix. We strongly recommend to start option strategies which can help you make money in 200-300 points swings. 

If Nifty futures goes below 6240 tomorrow morning further selling can be expected . (sell with a target of 6188  and  stop loss at 20 points). Below 6200  market may really lose all support and may increase its pace of  slide. In that case 6100 will act as a short term support. 

Buying can be only made above 6280 level. That too cautiously as market may trade range  bound and it will continue  uptrend only when it breaks 6363

Lets look at the individual scrips

If market falls tomorrow what scrips we can buy. we have  identified few shares for buy tomorrow.
TCS and Wipro may be bought. Sun pharma is the other one. 

Please watch trade alert during the market to get latest calls

Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, shares ,options or futures.This blog is for information purpose only and we are not responsible for any loss incurred based upon it.