Nifty Forms Doji, Bearish Only If Close Below 12129 But Until Then Hold Long   Last Trading Session: Indian Stock Market opened gap positive for the day. Indian Stock Market moved sharply positive and saw record highs right at EquityPandit's predicted resistance levels of 12310 like a dot. Market saw sharp profit booking for the day and finally closed marginally positive. Today: Indian Stock Market would open positive. Technically, Indian Stock Market is still in positive zone. Market would enter into negative zone only if it closes below 12129 for Nifty and 31630 for BankNifty. Though some profit booking would be seen in the market as it has formed DOJI candlestick Pattern but overall market is positive and traders should initiate fresh short positions only if market closes below 12129 for Nifty and 31630 f

EquityPandit’s Outlook for SBI for the week (Jan 13, 2020 - Jan 17, 2020): STATE BANK OF INDIA: BSE: 500112| NSE: SBIN| ISIN: INE062A01020| SECTOR: BANKS Stock closed the week on negative note losing -0.40% Week High: 337.80 Week Low: 311 Week Range: 326.8 State Bank of India Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 328 levels, Minor resistance on the upside is capped around 335 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 324 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 340. Stock is trading below 200 day

EquityPandit’s Outlook for Axis Bank for the week (Jan 13, 2020 - Jan 17, 2020): AXIS BANK: BSE: 532215| NSE: AXISBANK| ISIN: INE238A01034| SECTOR: BANKS Stock closed the week on negative note losing –0.46% Week High: 751.80 Week Low: 709.10 Week Range: 42.7 Points AXIS Bank Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 734 levels, Minor resistance on the upside is capped around 746 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 731 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 752. Stock is trading below 2

EquityPandit’s Outlook for ICICI Bank for the week  (Jan 13, 2020 - Jan 17, 2020) ICICI BANK: BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS Stock closed the week on positive note losing 0.21% Week High: 547.40 Week Low: 515 Week Range: 32.40 Points ICICI Bank Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 538 levels, Minor resistance on the upside is capped around 546 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 530 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 548. Stock is trading above

EquityPandit’s Outlook for HDFC Bank for the week (Jan 13, 2020 - Jan 17, 2020): HDFC BANK: BSE: 500180| NSE: HDFCBANK| ISIN: INE040A01026| SECTOR: BANKS Stock closed the week on positive note gaining 0.99% Week High: 1286.85 Week Low: 1236 Week Range: 50.85 Points HDFC Bank Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1275 levels, Minor resistance on the upside is capped around 1287 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1263 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1295. Stock is trading above

EquityPandit’s Outlook for Wipro for the week (Jan 13, 2020 - Jan 17, 2020): WIPRO: BSE: 507685 | NSE: WIPRO | ISIN: INE075A01022 | SECTOR: I.T. Stock closed the week on positive note gaining +0.26% Week High: 256.50 Week Low: 250.15 Week Range: 6.35 Points WIPRO Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 244 levels, Minor resistance on the upside is capped around 255 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 240.50 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 259.50. Stock is trading below 200 days

EquityPandit’s Outlook for HCL Tech for the week (Jan 13, 2020 - Jan 17, 2020) HCL TECHNOLOGIES: BSE: 532281 | NSE: HCLTECH | ISIN: INE860A01027| SECTOR: I.T. Stock closed the week on negative note losing -0.80% Week High: 593.00 Week Low: 577.40 Week Range: 15.60 Points HCL Technologies Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 576 levels, Minor resistance on the upside is capped around 593 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 569 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 599. Stock is trad

EquiyPandit’s Outlook for Infosys for the week (Jan 13, 2020 - Jan 17, 2020): INFOSYS: BSE: 500209| NSE: INFY| ISIN: INE009A01021| SECTOR: I.T. Stock closed the week on negative note losing –1.05% Week High: 753.80 Week Low: 708.30 Week Range: 45.50 Points Infosys Ltd. Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 732 levels, Minor resistance on the upside is capped around 750 levels. If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 724 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 759. Stock is trading above 200 days exp