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Nifty Intraday Trend Analysis, Stock Market Prediction & Support Levels
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Equity News- 27-12-2011
No CommentsMarkets closed on a positive note for the first session of the week. Buying activity was witnessed but with low volumes. We expect the markets to be range bound trading between 4700-4850 as per the expiry ahead and absence of institutional investors. Strength in nifty can be seen above 4850 while 4940 can act as a hurdle for it. It looks weak below psychological level of 4700 surpassing which it will get support around 4630.
TREND: Sideways
SUPPORT : 4700 & 4630
RESISTANCE: 4850 & 4940
Major News-
- · Sensex trades up 200 points; Infosys, RIL, Bharti lead.
- · IT, realty, metal and capital goods were the biggest gainers.
- · Havells India in JV with Shanghai Yaming Lighting Co.
- · JP Morgan picks 3.26% stake in Madhucon Projects.
- · NHAI scraps Goa road contract with IRB Infra.
- · ONGC, DGH nod for oil production from Cairn’s Bhagyam field.
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Published on December 27, 2011 · Filed under: Stock & Commodity Market Analysis (Nifty Sensex MCX Gold Silver) / Sure Shot Intraday Trading Tips & Calls; Tagged as: Agri tips, BTST, Bullion Metal tips, bullion tips, Commodity Market Tips, commodity tips, commodity tips free, currency tips, Currency Tips Free, currency trading tips, Equity tips, forex tips, Forex Tips Free, forex trading tips, free calls, free commodity tips, Free Equity Tips, free intraday tips, free stock tips, Intraday Tips, Mcx tips, Ncdex tips, Nifty Futures Tips, Nifty Tips, nifty tips free, ShareMarket Tips, Sharemarket Trading Tips, Silver Prices, STBT Calls Daily Nifty Levels, Stock Future Tips Stock Option Tips, stock tips, Stock Tips Free Stock Futures Tips, Stock Tips|Free Stock Tips|StockTrading Tips|Commodity Tips|MCX Tips|ShareMarket Tips|Equity Tips| Intraday Tips|TriFid Research, Stocks and Shares Tips, StockTrading Tips, sureshot mcx tips, TriFid Blog, TriFid Research