30-12-14 DAY PERFORMANCE:

NIFTY PERFORMANCE:

Today Nifty played with influence of Peer Indices.  Due to year end (to FIIs) market played volatile as we mentioned in our yesterday note.  Even though Global Peer Markets could not support, our Nifty closed flat, after re-testing its day lows of 8220.  In second half of the session, bank nifty given good support to recoup the Nifty/Market and to close in green.  Major sectors like FMCG, Metal, Oil & Gas and Realty sectors gone through profit booking.   As tomorrow is last trading day for year 2014, we can hope for the best from market.

STOCKS TO WATCH (POS/DAY BASED ON LEVELS GIVEN)

HINDALCO: BUY > 156 TRG 159/161 SL 154

                      Actual: Low: 154.75; High: 157.80 (played high to low)

RELIANCE: BUY > 894 TRG 902 SL 890

                     Actual: Low: 877.65; High: 898.50 (hit the SL)

DLF: SELL < 137 TRG 134 SL 139 
         Actual: Low: 134.30; High: 138.20

We wish you all the best for tomorrow trades.