Thursday, December 6, 2012

Nifty Trend | Tips For Tomorrow 7 December

The 50-stock Nifty on Thursday closed inches behind the 6000 mark after the FDI in multibrand retail debate found favours from BSP Supremo Mayawati . The market which had opened weak, slipped into the red as sell-offs accelerated. The turning point came towards the fag end of the trading day when Mayawati's googly left the BJP cornered and isolated. With government getting Mayawati's support, the FDI in retail vote on Friday may be a mere formality.

Nifty Predictions for Tomorrow | Support and Resistance :- 

For tomorrow 5948 is major support for dec future and buying area for fresh buyer.5900 remain strong support and all long side stoplosses must be below this. on upside nifty traders must modify target at 6040-6065 till this week end.on chart nifty taken support of major average and that is significant sig for buying.below 5920 consolidation and correction may trigger. we booked /exited all shorts and now on long side for future and options also. 

Free Nifty Future Tips :-

Stay long in nifty and fresh buying must be done near support of 5948 with stoploss below 5900 expect 6040-6065 till weekend. Buy nifty 6000 call option of jan expiry.

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Posted By Commodity MCX Tips