Disbelief in the investors in our economic policies, drift in the rupee against dollar and selling pressure at higher level dragged the market to the level of 28 month low. It was the 5th consecutive day of fall in the Market. Sensex was at 15175.08 (-204.18), Nifty at 4544.20 (-68.90) and Nifty fut at 4566.80 (-57.05) on close. World markets were good yesterday but our market is over reacting now a days.
US and European market closed positive yesterday and Asian Market also opened in green.
Nifty watch for 21.12.11
As Nifty was below its important support level of 4550, experts are now on watch the break of the level of 4528.80, the lowest level of closing at Aug 2009.
Above 4573 Nifty may try to hit 4610, 4621, 4645, 4682 and 4713 today.
If Nifty closes above 4665, it may try to hit 4735 and 4763 in coming days.
Today Market is expected to open gap up around 4650. Volatility and selling at higher level can expect for the day.
Day's (20.12.11) Performance
1. Sell Axis Bank Fut at 811.50 SL 820 TGT 806/799 - Trigger Price Not Met at the given time of call - advised to close call
2. Sell Axis Ban Fut at 805 TGT 791/783 SL 813.50 - Trigger Price not met at the given time of call - advised to close call
3. Buy Nifty Dec Fut above 4608 TGT 4621/4635 SL 4582 - Trigger Price not met at the given time of call - advised to close call
4. Buy Reliance Fut at CMP (735-740) TGT 770 SL 722 - Advised to exit at 725 - loss of Rs. 2500/-
Day's Total Profit/Loss: 2500/-
Stock market tips | India stock prices | Share and stock | The best stocks | Stock Analysis | Indian share market | Indian stock market | India stock prices | Stock market India | Stock market | Stock tips | Bombay Stock Exchange | National Stock Exchange | Indian Stock Market | Share Market India | Indian share market | Technical analysis | Intraday Tips | Intraday stock tips | Indian stock market tips | Btst stock tips | Btst calls | Btst share tips | Stock market investment | Best technical analysis | Best technical analyst | Best technical analyst in
India | Share tips | Indian share market tips | Investment calls |Jackpot calls
| Market Bhavishya | Stock market trend | Bse stock tips | NSE market tips | Indian shares
