Daily Stock News Letter By Global Mount Money 24-01-2014

• The market remains directionless as it is eagarly waiting for RBI monetary policy due next week. The Sensex rose 8.61 points to 21,346.28 while the Nifty fell 0.95 points to 6,338.
 
INDORE, India - Jan. 23, 2014 - PRLog -- Daily Equity News Letter By Global Mount Money 24-01-2014

MARKET WRAP FOR EQUITY

·         The market remains directionless as it is eagarly waiting for RBI monetary policy due next week. The Sensex rose 8.61 points to 21,346.28 while the Nifty fell 0.95 points to 6,338.

·         Indian rupee declined in the opening trade on Thursday. It fell 13 paise to 61.94 against US dollar versus previous day's closing value of 61.81 per dollar.

GMM DAILY NIFTY TRENDS (http://globalmountmoney.co/)

Trend: - Consolidate

Resistance: - 6380, 6420

Support: - 6230, 6270

Strategy: - Buy On Dips

GMM DAILY BANK NIFTY TRENDS

Trend: - Bullish

Resistance: - 11330, 11530

Support: - 10930, 11090

Strategy: - Buy On Dips

Stock Recommendation

Global Mount Money’s stock recommendation for 23/01/14 Raymond, Cairn India, Escorts Ltd, Apollo Tyre

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