Today's Pre Market | 05 DEC 2014 | Market Startup | Market Trend |
Market Out
Look
Very choppy
market on yesterday and Nifty face a resistance 8620 and strong profit booking
resulted it was come down towards 2526 and finally closed at 8564. Over all
trading range 8490 to 8625. till then buy on near to support level and sell on
resistance level.
Once
resistance crossed 8625 do not remain short and time to buy side for almost 100
points and above.
Bank Nifty
also very choppy and momentum likely continue as long as hold 18400-18300 range
and upper side 18865 are decent recent.......cross over may test 19000 and
above......
Automobile
stocks looks good and time to buy side in front line stocks.
Over all
advised to buy leaders of industry are front line stocks and take advantage .
Market
rumours that some good news for PSU Banks stocks like NPA which is major
beneficial and likely to sharp move 20 percent and above in near terms.......
Some stocks
to be watch out.......
Can
Bank...................above
Bank of
India....................
Biocon
Above.....................
Axis
Bank..................
Century
Textile...................
Kotak
Bank..............
Moreup dated
MARKET OUT
LOOK..........
AGRI
MARKET.....................
Dhaniya trend
is bearish trend. Selling pressure is from sell on high concept and has given a
break out through the “descending triangle” chart patter on daily charts. This
can lead the price further towards the swing low of 12670 levels, where as an
immediate resistance lies at 13030 levels.
Turmeric
trend is bearish trend. Selling pressure is from sell on high concept and has
given a breakout through the “doji” chart patter on daily charts. This can lead
the price further towards the swing low of 6300 levels, where as an immediate
resistance lies at 6530 levels.
Castor seed
trend is bearish trend. Selling pressure is from sell on high concept and has
given a breakout through the “bearish pattern” on daily charts. This can lead
the price further towards the swing low of 4410 levels, where as an immediate
resistance lies at 4640 levels.
Chana trend
is bearish trend. Selling pressure is from sell on high concept and has given a
breakout through the “bearish pattern” on daily charts. This can lead the price
further towards the swing low of 2970 levels, where as an immediate resistance
lies at 3080 levels.
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TODAY’S COMMODITY MARKET | 05 DEC 2014
TODAY’S STOCK MARKET | 05 DEC 2014.
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