WEEKLY VIEW

Sensex & Nifty has closed positive on a weekly basis. However market sustainability above 9400 & 2870 is in question. If market managed to sustain above 9400 & 2870 in coming week & not closed below that level in next week trading sessions than acceleration of rally is likely. From the derivative data it is seen that lot of put writing of strike price 2700 is taken place for the Month of February that indicating market trend will be positive until the level of 2700 intact in coming week.

Weekly Range : Sensex: 9150-9600 / Nifty : 2700-2975

SESAGOA-85
BUY ABOVE 85 WITH A STOPLOSS OF 80 FOR A TARGET OF 89 & ABOVE IN NEXT 5 TO 7 TRADING SESSION.

APTECH TRAINING-89
BUY ABOVE 89 WITH A STOPLOSS OF 85 FOR A TARGET OF 98 & ABOVE IN NEXT 5 TO 7 TRADING SESSION.

BARTRONICS-74
BUY ABOVE 74 WITH A STOPLOSS OF 69 FOR A TARGET OF 78 & ABOVE IN NEXT 5 TO 7 TRADING SESSION.

RCOM FEBRUARY FUTURE
BUY ABOVE 170 WITH A STOPLOSS OF 164 FOR A TARGET OF 179 & ABOVE IN NEXT 5 TO 7 TRADING SESSION.

REMARKS: Please take position on buy side above the suggested price and on sale side below the suggested price.