Archive for December 5th, 2008

Market Review for 5th December 2008

BSE Sensex: (9230) it was the undercurrent of crucial support at 8316 that drove the market up with some of the mainline stocks bouncing back…the market just needs to breakout from 9326 levels and then we should see a sustained up move

STOCKS TIPS FOR FRIDAY

SELL Reliance Industries Stop Loss 1230 Target 942

SELL Tata Steel Stop Loss 196 Target 158

Intraday Tips and Market Outlook for 5th Dec from IndianMoneyPlus.Com

IndianMoneyplus.Com – US markets ended negative.
Asia is bond to open flat to negative.
Yesterday markets rallied seeing the rate cut in short term.
We may see a flat to negative opening in the Indian markets.
Levels to watch out for on Nifty is it has a support at 2650 and resistance for upmove at 2940.
Day Trading Ideas.