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Some important level and Trend Decider of Front Line stocks in Cash Market Level

As this week high volatile and sharp decline can not be ruled out.  However, any sharp decline to good opportunity to buy for Traders and Investors.        Buying in 10500 Put at 95  + is a best strategy.  Maximum Loss if against trade of Premium only  and return 3 to 4 months you paid.

Stocks

Trend Decider

Resistance 1

Resistance 2

Support 1

Support 2

Nifty

10713

11085

11295

10504

10133

Bank Nifty Spot

26335

27540

28218

25657

24452

ICICI Bank

360

371

387

343

333

SBI

285

298

312

271

259

RELIANCE Ind

1135

1219

1270

1083

998

Axis Bank

615

648

371

591

558

M&M

779

820

848

750

709

Auro Pharma

797

835

860

772

709

Lupin Ltd

870

910

934

846

805

Voltas

543

580

607

516

479

BOB

109

115

123

94

99

Yes Bank

183

218

266

135

98

Tata Steel

550

588

648

490

452

Hindalco

240

255

277

216

200

VEDL

200

210

223

186

176

HDFC Bank

2055

2212

2275

1970

1812

HDFC LTD

1913

2077

2163

1827

1662

LT

1397

1473

1513

1356

1280

Sun Pharma

523

572

653

441

393

Grasim Ltd

851

906

947

810

755

Can Bank

254

272

292

235

216

 

 

 

 

 

 

 

In volatile market our strategy already working of our paid clients....

Buy 10500 Put
Sell  - 10000  Put

and go to bed for two days.......

Chances of return 3 to 4 times  

  Next Two Trading Session  - High Volatile

   Avoid Trading in  Nifty – Bank Nifty –

    500 to 700 point swings in Nifty

    1000 to 1500 point swing in Bank Nifty

     Expected Range of Nifty – Lower side – 10504-10133  - Higher Side 11085-11295

      Break 10000   mark, down side support 9000 as per weekly chart.

     Expected Range of Bank Nifty Spot – Lower side 25657-24452  to 27540-28218

 

Market Out Look :

Last major volatile seen in Indian Market and finally closed negative bias.   As we are going to next week a major event day as result of Assembly Election will be announced on 11th December, so high volatile and major swing of Nifty and Bank Nifty on card.  However, trend is bullish and any major down side a good opportunity to buy quality stocks for portfolio investors.  ON the other hand day traders are advised to avoid trading in Nifty and Bank Nifty but do not play short at lower level.

As  Assembly election result will dominate our market sentiments and any negative of BJP will not be favorable for market. However, on Friday a lot of short covering seen at lower level and some added long side which indicate trend is up in market.  On the sect oral side, IT, Metal, and Energy are down side and Metal are trading below 52 weeks low, Auto sector after sharp fall some consolidation.

Nifty Spot  :  10694

As a next week a major event week so high volatile  cannot be ruled out.  Consider support 10600 break down these level over all selling on card, higher level resistance 10750-10800 range and remain below down side open towards 10500- 10450 thereafter 10100-10000-9952. Avoid Trading in Index.