Tit - bits

#Tomorrow the market is expected to open gap up,  but we may have corrections at the end if the closing.

The key support for Nifty comes at around 12,182, followed by 12,120. The important Nifty resistance levels to watch out for are 12,285/12,323. This is a sell on rise market.

#You can short the banking stocks in the opening trade and then book profits at the end if the day.

#There was not a single stock that saw long unwinding on December 27.
In Cadila Ltd (Rs.257.70) and Yes Bank (Rs.45.30), there was short built up,  while we could see some actions in Page Industries Ltd (Rs.23,600) and MRF Ltd (Rs. 66,845).

#Though through OT,  the short term interest rates might cool down a bit, but it is doubtful whether it will help increase the credit uptake. There is another problem,  with inflation monster popping its head up,  too much liquidity in the system might precipitate its (inflation's) unabated upward march. It therefore, remains to be seen how the current FM,  mends the Indian economy ruined by Narendra Modi's misadventures and whims.