NIFTY TREND

Nifty has shied away from crossing 12293 on 30th December and closed below 12200 on the last day of the year, signalling a Doji weekly close as 12186 is also a hurdle for Nifty to cross. So far the daily close is above 12158 which is the previous top, which alone is positive. 

The January series have started with a bullish bias, but it all got blown off and the upside remains capped for the time being.

  

On the lower side nifty has strong support at 12023/11973. 

For tomorrow nifty range is 12125-12250.  BN 31900-32400.

Options trade suggested for members on board.

Good Luck.

 நட்பு ஆராய்தல் - Investigation in forming Friendships

குணமும் குடிமையும் குற்றமும் குன்றா

இனனும் அறிந்தியாக்க நட்பு.   #793

மு.வ : ஒருவனுடைய குணத்தையும், குடிப்பிறப்பையும் குற்றத்தையும் குறையாத இனத்தாரின் இயல்பையும் அறிந்து அவனேடு நட்புக் கொள்ள வேண்டும்.

Temper, descent, defects, associations free From blame: know these, then let the man be friend to thee. 

Make friendship (with one) after ascertaining (his) character, birth, defects and the whole of one's relations.