Market Outlook for 11th December, 2014

Nifty Future:

Yesterday’s Afternoon session was very volatile with Index  moving between 8387 and 8426.. Any move beyond these,  will have expansion of levels to 8285 or to 8475.

One need to be very careful in trading at this present juncture of market since Nifty trading near crucial support level.

Stock Future:

Today, PNB support around 1108 and should not break 1102.. If 1108 is held, then it could move towards 1132 – 1153

Infy Resistance is around 1987 and if crosses 2001, it can open upside levels else could drift to 1940

Trade Well !!

Warning:

There is a high degree of  financial risk in Futures trading..

Securities traded on margin may involve high risk.

Disclaimer:

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