Market showed a good uptrend on the occasion of New Year, and we can easily say this as “Happy New Year”.  Inflation can down to 6.38% from 6.61%, again we can say this as “Happy New Year”.

Now the real problem lies in psychological mark of 10000 for Sensex and 3076 for Nifty. Market should be able to breach these levels to move up.

BSE Sensex: (9903) The support for the Sensex is 9890 and the resistance to the up move is at 10120-10324. 

NSE Nifty: (3035) the support for the Nifty is at 2920 and the resistance to the up move is at 3080-3110.

Factors to be watch out: Global market and much awaited second stimulus package.

Today’s Peak:  RNRL, IndiaBulls real-estate and GVKPIL (GVK Power).

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