Nifty Weekly Updates; Trading Levels and Future Calls for Monday 11 Jan

Suspension of trading in mainland China twice during the week on 4 January and 7 January 2016 triggered by a 7% slide for the CSI 300 Index caused sharp drop in global stocks and Indian stocks were no exception.

Stock tips for monday

The Sensex slumped 1,226.57 points or 4.68% to settle at 24,934.33. The Nifty tumbled 361.85 points or 4.54% to settle at 7,601.35.

On Technical Front: – On Nifty weekly chart strongsupport is seen at 7575. If it breaks with high volume,more bearishness is expected.

Nifty Directional: – Sell Nifty Future below 7575 Target 7525, 7475 Stop Loss 7675.

 Future Calls for Monday 11 Jan :

BUY LICHSGFIN FUTURE ABOVE 509 TARGETS 514 , 519 524 STOPLOSS 499.
BUY HINDPETRO FUTURE ABOVE 894.75 TARGETS 899.75 , 904.75 909.75 STOPLOSS 884.75.
SELL AUROPHARMA FUTURE BELOW 844 TARGETS 836 , 828 820 STOPLOSS 860.

……Monday Top Best 10 Stocks BUY/SELL….