INTRADAY STOCK TIPS FOR TODAY: Stock Market Tips For 8 Dec With Nifty Trend

Wednesday, December 7, 2011

Stock Market Tips For 8 Dec With Nifty Trend

Intraday tips for today 8 Dec,stock tips for today 8 Dec,stock market tips for today,nifty trend for today 8 DEC,nifty levels for 8 DEC,commodity tips for 8 DEC,Future and option tips for today 8 Dec,stock to buy today 8 Dec

Stock Market Tips Today 8 Dec:- The bear demon was still put the pressure and made the stock market volatile.And in the last trading session it took the market at red zone and closed with flat.As stock market start its trading at flat note with negative bias.and this trend continue whole day and trading was full of volatility with significant losses..sensex closed its trading at 16877, up 72 points and IT became the gainer for today's trade.

Nifty Trend For Today 8 Dec:-Nifty had the volatile trading today and closed at flat note at 5063, up 23 points.
Nifty Levels(Support and resistance levels):-Nifty has resistance level at 5108.6 and last resistance level at 5211.35 and support at 5005.85 and last support at 4903.1 with the pivot level at 5052.45.

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CapitalVia Global Research Head of Research Vivek Gupta said: "The good thing to cheer for the investors is that now they own a stake in the company which is much more clean in all the aspects and is amongst the top-five IT companies." Via moneycontrol.com Commenting on the outlook, the broking firm CapitalVia Global Research said, "Next week, if gold sustains above the level of 26,430 then by breaking the level of 26,890, it may touch the level of 27,250. But if it fails to sustain above 26,430 then may touch the level of then it may test the level of 25,311/25,200. For silver 42,800 may act as good resistance. For the next week, traders can sell on higher level strategy, if MCX Silver September futures sustains below 41,080 then it could test the levels of 40,340/ 39,900." Via myiris.com Vivek Gupta, head of research, CapitalVia Global Research said, "Technically, Nifty is likely to consolidate in the upcoming session and remain bullishly poised. Major resistance for upside is 6,080 with the crossing of which 6,150 can be touched. For downside, major support is at the level of 5,850 and 5,750."