Quick Market Outlook

The Markets have been making new highs everyday. Now after two and a half moths of consolidation the markets have finally broken out of their resistance and they have entered a new bull phase. With budget ahead FII Infows has been increasing. 

Last Friday(Market Outlook For 3-Week-January) you were told that Nifty can test 8700 and bank Nifty can test and Bank Nifty can test 19750-20000 and today Nifty made a high of 8741 and Bank Nifty Made a high of 19960

Since the market momentum is bullish, Nifty can cross 9000 before budget, having that view whenever there is a small correction in the market accumulate Nifty 9000-Feb-CE currently quoting around 85 has the potential to touch 160-185-200 in next 2-3 weeks


Buy Nifty 9000-Feb-CE(Short Term Call)

Current Market Price: 85
Target: 160-185-200
Stop Loss: 40
Period: 2-3 Weeks


                                                                                             -Targets For 22-Jan-2015(Thursday) is Posted Below