MARKET UPDATE:
Sensex edges 80 points lower,
Nifty near 8,600; 
Currency squeeze was less severe than generally perceived,Demonetisation has effected different forms of money very differently,In 2016 we survived shocks like " US presidential elections and demonetisation" & China GDP growth has come down dramatically, whereas India’s indicators have moved in opposite direction, says, chief economic adviser Arvind Subramanian
Universal basic income would cost between 4% and 5% of GDP, says Economic Survey 2016-17
Infosys, TCS Bleed As H-1B Bill Proposes Minimum Pay Be Doubled
Tech Mahindra Beats Estimates In Q3. Should You Buy?
In India's 'Make Or Break' Budget, Defense May Take a Back Seata

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8655 (Intraday Traders)
-NF Trend Changer Level 8620 (Positional Traders)
-Market is seen opening lower tracking negative leads from Asian markets and overnight slide on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 26 points at the opening bell.
-Nifty held on to 8600 and did not break 8700 and also formed NR 7 and inside pattern suggesting big move round the corner. Bearish below 8600 for a move till 8550/8500 and bullish above 8700 for move towards 8775/8820
----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8665	8680	8710
Down ↓	8645	8630	8605

	Action	SL	TGT
Buy above	8670	8625	8780
Sell below	8590	8620	8480

STOCK UPDATE:
BUY HINDALCO
AT - 190/191
TGT - 195/99
SL - 187

STOCK UPDATE:
BUY BEL
AT - 1608/1610
TGT - 1640/50
SL - 1590

MARKET OUTLOOK
-Nifty Futures Trend Deciding level is 8670 (Intraday Traders)
-NF Trend Changer Level 8580 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 41.50 points at the opening bell.
-Nifty 8675-8700 is crucial resistance band as per gann angles as shown in below chart, further rally towards 8752/8806 as budget is coming on 01 feb so once 8700 crossed we can see fast move towards 8806/8840 range. Bearish only below 8432
----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8710	8750	8820+
Down ↓	8660	8635	8575

	Action	SL	TGT
Buy above	8670	8625	8780
Sell below	8590	8620	8470

STOCK UPDATE:
BUY HINDALCO 
AT - 191.5
TGT - 196
SL - 190

STOCK UPDATE:
BUY ICICIBANK
AT - 272/273
TGT - 279
SL - 270

STOCK UPDATE:
WEEKLY CALL
BUY CAIRN 
AT - 281.30
TGT - 286/90
SL - 276

STOCK UPDATE:
WEEKLY CALL
BUY RELIANCE  
AT - 1020/1024
TGT - 1080/1120+
SL - 990

STOCK UPDATE:
BUY TATACOMM
AT - 726/728
TGT - 740/745+
SL - 720

MARKET OUTLOOK
-Nifty Futures Trend Deciding level is 8570 (Intraday Traders)
-NF Trend Changer Level 8570 (Positional Traders)-The market is likely to open higher on positive global cues as domestic stocks resume trading after a one-day holiday yesterday, 26 January 2017, on account of Republic Day.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 54 points at the opening bell.
- Bearish only on close below 8432 till 8432 is held we can move all the way towards 8969 over next 2 months.

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8500	8520	8570+
Down ↓	8430	8410	8350

	Action	SL	TGT
Buy above	8620	8570	8710
Sell below	8490	8540	8400

STOCK UPDATE:
UPL BUY
AT - 740/743
TGT - 760/780+
SL - 724

STOCK UPDATE:
BUY HINDUNILVR  
AT - 864/865
TGT - 876+
SL - 858

STOCK UPDATE:
BUY VEDL 
AT - 254/55
TGT - 260
SL - 252

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8450 (Intraday Traders)
-NF Trend Changer Level 8405 (Positional Traders)
-The market is likely to see a gap-up opening on positive Asian stocks.
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 60 points at the opening bell
-Bulls are back with a bang with a close above 8432/8460 both and now holding 8432 heading towards 8555/8600. Bearish only on close below 8328
-Today Expiry End of near 8545 upside & Downside 8405 Around.

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8500	8520	8570+
Down ↓	8430	8410	8350

	Action	SL	TGT
Buy above	8480	8440	8560
Sell below	8450	8490	8380

MARKET UPDATE:
Sensex edges higher, rises 210 points,
Nifty moves above 8,466;
BSE IPO fully subscribed as of 1.30 pm on Day 2
Trump Orders Broad Federal Hiring Freeze: What Does This Mean?
Tata Communications Shares Surge Nearly 6% On Robust Q3 Earnings
HDFC Bank Third-Quarter Profit Up 15%, Beats Estimates
Pharma Industry Wants Budget To Offer Tax Clarity
Jewellers Want 5% Import Tax; PAN Card Limit Of Rs 5 Lakh In Budget
Vodafone Red Post-Paid Plans Offer Unlimited Calling, 3 Times 4G Data

STOCK UPDATE:
BUY IOC 
AT - 365
TGT - 372/75
SL - 361

STOCK UPDATE:
BUY TATACOMM 
AT - 688/690
TGT - 704
SL - 681

STOCK UPDATE:
BUY JINDALSTEL
AT - 80.10
TGT - 83
SL - 79.5

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8386 (Intraday Traders)
-NF Trend Changer Level 8335 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell.
- Nifty did low of 8327 doing the target of cypher pattern and bounced back and closed above breakdown level of 8370 but failed to closed above 8410 and also 8432 suggesting bulls are still under pressure, Fresh shorts below 8328 only,for a move till 8290/8250. Bullish only above 8432

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8385	8410	8470
Down ↓	8340	8315	8270

	Action	SL	TGT
Buy above	8420	8370	8520
Sell below	8315	8350	8250

STOCK UPDATE:
BUY ULTRACEMCO
AT - 3500/3503
TGT - 3555
SL - 3475

STOCK UPDATE:
2-3 WEEK CASH 
BUY BEML
AT - 1199
TGT - 1243/1280++
SL - 1150 

STOCK UPDATE:
SELL IBULHSGFIN 
AT - 755/756
TGT - 735
SL  - 766

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8430 (Intraday Traders)
-NF Trend Changer Level 8335 (Positional Traders)
-Trading of Nifty 50 index futures on the Singapore stock exchange indicates a flat opening on the domestic bourses today, 23 January 2017. 
-Asian Paints, Hindustan Unilever and Bharti Infratel are scheduled to release December quarter results today, 23 January 2017.
-Nifty Bulls need close above 8460 for move towards 8500/8555, Bear below 8370 for move towards 8328/8280.

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8385	8410	8470
Down ↓	8340	8315	8270

	Action	SL	TGT
Buy above	8420	8370	8520
Sell below	8315	8350	8240

MARKET UPDATE:
Sensex falls over 245 points;
Nifty 75 points fall.
Castorseed Futures Recover On Fresh Positions
Currency situation to normalise soon: RBI governor
World Economic Forum, UCSB Partner To Protect $2.5 'Demonetisation Impact': Axis Bank's Q3 Net Plunges 73%, Shares Tank
Motherson Sumi To Acquire Finland's PKC Group For Over Rs 4,150 Crore
Air India To Give First Pay Hike In Nearly Five Years
George Soros Says Trump Will Fail And Market's Dream Will End

STOCK UPDATE:

(weekly)

BUY CESC

AT - 701/703

TGT - 711/726

SL - 695

STOCK UPDATE:
SELL DRREDDY 
AT - 2926
TGT - 2895/2850
SL - 2944

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8430 (Intraday Traders)
-NF Trend Changer Level 8300 (Positional Traders) 

-Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 14.50 points at the opening bell as bourses open amid mixed Asian cues.

-Nifty Bulls need close above 8460 for move towards 8500/8555, Bear below 8370 for move towards 8328/8280.

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8445	8467	8500+
Down ↓	8415	8390	8320

	Action	SL	TGT
Buy above	8450	8398	8550
Sell below	8385	8420	8305

STOCK UPDATE:
ASIAN PAINTS BUY
AT - 964/965
TGT - 975++
SL - 958

STOCK UPDATE:
BUY AMBUJACEM
AT - 216/217
TGT - 225/236
SL - 208

MARKET OUTLOOK:
-Nifty Futures Trend Deciding level is 8410 (Intraday Traders)
-NF Trend Changer Level 8280 (Positional Traders) 

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 14.80 points at the opening bell amid mixed Asian cues.

Overseas, Asian stocks were mixed. US stocks retreated yesterday, 17 January 2017, as investors remained cautious in the wake of President-elect Donald Trump's charge that a strong dollar is hurting the economy. Trump's comments on the dollar sent the currency sharply lower.

-Nifty  Bulls need close above 8460 for move towards 8500/8555. Bear below 8370 for move towards 8328/8280.

----------------------------------------------------------------------------------------------------------------------------------

	Nifty Level future
Up ↑	8435	8460	8520
Down ↓	8390	8345	8280

	Action	SL	TGT
Buy above	8450	8398	8550
Sell below	8360	8400	8280