Monday 10 December 2012

Market View 11/12/12

Market has been consolidating and would give a breakout on upside
and you could see market moving towards the 6000 mark.

Bank Nifty is looking stronger than Nifty and likely to hit higher than
Nifty and can soon move towards 13,000 mark.

For tomorrow in this strong market, we have a SELL call on NMDC.

Sell NMDC around 152 - 154
Stop Loss - 157 (Intraday); 163 (Positional)
Target - 150, 146, 142, 140, 136

Duration - 1 week


1 comment:

  1. • Asia stocks hovered near a decade high on Thursday following another record breaking day on Wall Street, while the New Zealand dollar rallied as hawkish-sounding statements by the country's central bank boosted the recently battered currency
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