market up dated

market up dated

Nifty 

as mentioned earlier 10330 is stiff resistance and another up move above level.......over trend is bullish however some more down side in today and watch out following level which is support area.

10259
10216
10181
10146   61.8 retracement area of rally.....

any where nifty will take support and fresh up move. However, major trigger in market of Gujarat Election and we are expecting positive side and BJP likely come into power.

Bank Nifty

sudden selling seen by smart traders in early trade and  continue
however, 25200
is challenge for bulls and bears........

major support zone 24885   24900 at lower level

following level to be watch out.
50 per cent retracement 25187
61.8 percent retracement 25115

stocks looks good and dip to buy side

Maruti
Arvind Mills
M&M finance
Aurbindo Pharma
Sun Pharma
Lupin
M&M
Tata Motor 
Reliance Ind


Yes bank   it will include in Nifty from 18th December so do not short...


3mteam Research
www.3mteam.in
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