9 December 2014

NIFTY OUTLOOK FOR WEDNESDAY 10 DEC'2014


Yesterday’s SSLT Call rocks achieved all the targets..!!!!
For more rocking calls click Here
Today markets extended fall in the noon trade after remaining range bound during the initial hours of the trade. The Nifty fell for a third consecutive day on Tuesday. Today nifty opened at 8439 made a high of 8444 and low of 8330 and closed at 9340 total 114 points was moved nifty throughout the day.
Counting yesterday’s fall this is the 4th triple digit fall in the index over the last three months. Now, unless you see a strong volume led fall below 8420 it could show a pull back. Even if 8420 gets broken, tomorrow major support zone between 8330 through 8300 would not get broken so easily prior to giving a pullback rally.
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RESISTANCE: 8440, 8480, 8520
SUPPORT:  8400, 8360, 8320

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