Today's Pre Market | 12 DEC 2014 | Market Startup | Market Trend |
Market are very choppy and open with neagative bias and sudden selling pressure emerged and lower level test 8272 which is near to 50 DMA likely..... However, again buying were seen resulted higher level profit booking at higher level.
Bank Nifty also very choppy and able to hold 18300 Bank Nifty and strong pull back towards 18630 .... Over all trading range 18300 to 18800 and break out this range will move in either side shortly.
CNX IT also looks support 11000 and hold time to buying opportunity.
OIL and Gas stocks continue looks bearish and sell side.
Some stocks to be watch out on Friday Trade................
LT............buy on decline
Bank of India.............above hold............sharp move
Can...............very very hot.............
Sintex...............Ready to move............closed above...........big move
Snowman...............buy
Gati...............buy side.................
Tech Mahidnra................good
TCS................good
Tisco.............Hot Sell.......................
Glen Mark.............hold 790 to buy side...................
Axis Bank..............trading range 480 to 500
and many more..............
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Commodity Out look....at 9.20 pm dated 11th December 2014
Gold................hold 27000 looks good...........
Silver...............Above 38000 ultimate target 40000
Crude.............sell on rise............
Copper............near to resistance......................
Natural Gas............Lower level to buy side.................
Nickel..................Buy long side...........
Lead..................resistance 126
USD INR................
looks support are 62 +
Have a good trading day
TODAY’S PRE MARKET | 12 DEC 2014
TODAY’S STOCK MARKET | 12 DEC 2014.
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