Intraday Stock Tips And Stock Tips, strategies, and analysis from experienced Trifid Research analysts.
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01 DECEMBER14
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MARKET GOSSIPS
FOURTH UMPIRE
Indices end at record closing on
oil fall, rate cut hope.
BSE in top-10 exchanges of
world with Rs 100-lakh cr
market cap.
CAG wants Rs 2,179 crore of
S
RIL's KG-D6 cost disallowed.
S
UltraTech to raise $1.2 bn for
Holcim asset buy.
Relief to DLF: SC directed reauction of 350 acre land parcel.
MARKET POSITIONS
INDEX
VALUE
Markets opened gap up on record
highs and continued the bullish
momentum on account of fall in
crude oil prices and hope on fall in
interest rates in coming RBI Policy
and finally indices ended on record
highs. Nifty future is now ahead of
psychological mark of 8700 which is
likely to breach if it is able to sustain
above 8650. If profit booking takes
place on these high levels then
support can be seen around 86008550. Volatility can be seen day
ahead of RBI Policy.
TREND: SIDEWAYS
SUPPORT : 8600 & 8560
RESISTANCE: 8670 & 8710