trading with a very stock specific approach

BSE Index: (60,942) Close 60,812-60,762 and trade as per the important support of 60,650, keep stop loss at 60,545 above 61,207 and after crossing it will see correction to 61,331 and 61,465. A break below 61,545 will be seen at 60,410 and 60,200.

Nifty January futures: (18,145) traded in line with support of 18,112-18,091 and 18,055, keeping a stoploss of 18,027 on the downside. Above 18,194, correction will be seen towards 18,258 and 18,300. 18,027 will break below 17,988 and 17,925 will see a decline.

Bank Nifty January futures: (42,850) in debt is trading near support at 42,800 with a stoploss at 42,700. Crossing 42,995, there will be an improvement to 43,153 and then 43,420. Lower level of 42,700 will be broken, 42,558 and 42,455 will be seen.

Eicher Motors (3,202) will see a shortfall of 3,177 in debt, keeping a stoploss of 3,144. 3,227, 3,247 and 3,280 are seen above.

TVS Motors : (982) 995 will see profitable selling keeping a stoploss of 1,014. There will be a break below 968, with a break below 953 and 927.

Bajaj Finance (5,867) will see profitable selling, selling stop loss at 5,995 on bounce near 5,888 and key resistance of 5,935. The initial lower level of the lower will be 5,802, which should be considered as support. A break of 5,802 will trigger panic at 5,718 and 5,621.

Bandhan Bank : Loan will go down by (248) 245 keeping a stop loss of 240. An initial correction to 256 will be seen above, which is a resistance surface to consider. Crossing 256 will see further correction to 268.

HDFC: (2,741) Watch for resistance at 2,750, breaking which will see further correction towards 2,787 and 2,812. On lower levels, 2,734 and 2,719 are key supports.

HDFC Bank: (1,673) 1,661 in stoploss loans. Above 1,689 and then 1,729 will see further correction.

Ambuja Cement : (501) Bounce above 512 will sell for profit by keeping stoploss at 518. Low will see a fall towards 489 and 475.