NIFTY SPOT LEVEL FOR 19/01/2017

NIFTY WILL RECLAIM 8450 LEVEL AGAIN BEFORE DOWNMOVE TOMORROW.

 
TODAY TRADERS FRUSTRATED AGAIN AS NIFTY NOT ABLE TO BREAK 8461 FOR BULLS AND 8370 FOR BEARS.
 
TOMORROW AGAIN SAME GAME WILL PLAYBUT BULLS WILL TRAP AND BEARS WILL WIN AT EOD.
 
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NIFTY ABOVE 8422 WILL SEE 8450 TO 8472 LEVEL. FAILURE TO CROSS 8475 WILL SEE SHARP FALL.
 
HOLD SHORTS FOR TARGET 8351 TO 8300 LEVEL.
 
 
NIFTY OPTION:
 
ACCUMULATE 8600PE OR 8400PE AT HIGHER LEVEL FOR TARGET 8350 TO 8300 LEVEL.