HAPPY NEW YEAR

Today on last trading day of this Year Indian stock market started in Bearish note.Indian market are trading into consolidation phase with no major movements seen in the last few trading days .

Nifty rose 20 points at 6311 or 0.26% Nifty expected to trend up till 6340 in the next coming days.In this period key support will be 6280 and resistance will be at 6340.

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BSE sensex began positive led by gains in auto, oil & gas, pharma, sector in positive while banks, capital goods, power and realty decline.

The Sensex gainers included Bajaj Auto up 0.875, ICICI Bank up 0.72%, Dr Reddy’s Laboratories up 0.72%, Hero MotoCorp up 0.69% and Sesa Sterlite up 0.67%.
The Indian rupee started marginally higher at 61.87 per dollar from Monday.

Buy Acc above 2206.25 target 1107/1108/1110 stoploss 1100

Buy jaiprakash asso. Above 53.35 target 54/55/57 stoploss 50