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NIFTY MOVEMENT ON 3rd December 2009 – Keep Watching

by tipsfortrade on December 3, 2009

NIFTY MOVEMENT ON 3rd December 2009

Now the Major hurdle for NIFTY is 5175 that is very strong resistance level for nifty, If Nifty breaks 5175 level then next target for nifty :5250-5275,so be cautious till it crossed 5175 level

The Major Supports for NIFTY are as follow 5055 and 4975.

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Market Outlook on 2nd Dec 2009

The Nifty was up 1.25 points or 0.02% at 5123.25. It has touched an intraday high of 5161.75 and an intraday low of 5111.75.

The Nifty closed flat at around 5120 after a volatile session. Buying interest was seen in to realty, auto, banks, and pharma stocks while FMCG, capital goods and power stocks witnessed selling pressure. Infosys, ICICI Bank, SBI and HDFC Bank were the positive contributor to the SENSEX while Reliance, L&T, HDFC and ITC were the negative contributors.

Top gainers
Tata Motors at Rs 728 up 3.89%,
Ranbaxy Labs at Rs 486.75 up 3.70%,
DLF at Rs 382.10 up 3.05%,
Maruti Suzuki at Rs 1,606 up 1.12%,
HDFC Bank at Rs 1,807 up 1% and
SBI at Rs 2,303 up 0.47%.

Top losers
Sun Pharma at Rs 1,488.80 down 3.25%,
HCL Tech at Rs 329.80 down 3.17%,
Siemens at Rs 524 down 2.37%,
Reliance Infra at Rs 1,060.30 down 1.89%,
HDFC at Rs 2,752.90 down 1.75% and
ACC at Rs 795.35 down 1.52%.

Now the Major hurdle for NIFTY is 5175 that is very strong resistance level for nifty, If Nifty breaks 5175 level then next target for nifty :5250-5275,so be cautious till it crossed 5175 level

The Major Supports for NIFTY are as follow 5055 and 4975.
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{ 5 comments… read them below or Shout @ me! }

Sudhir Kumar December 3, 2009 at 3:22 pm

Wow Excellent, Nifty Movement Prediction !

Reply

Sudhir Kumar December 20, 2009 at 10:23 pm

Fabulous NIFTY call…As You said nifty taken reverse from 5175 to 4975 !!! .Really Amazing ..Hats UP Tips4Trade…U R Really Great.Thanks 1’s again..Keep it Up..I am in hurry to be a pay-member for ur service.

Reply

Sudhir Kumar January 5, 2010 at 9:24 am

What a Coverage !!! Nifty-Flight made Landing and Takeoff as per Tipps4Trade Guidelines…its Amazing.!
Handfull 500 points…!
1.5175 to 4975–200pts
2.4975 to 5175–200pts
3. 5175 to 5275–100 pts.
CONGRATSSSSSSSSSSSS.
We are awaiting for UR next series Rocket Nifty calls.

Reply

Sudhir Kumar January 14, 2010 at 12:37 pm

Hiiii… ‘T4T’
W8ng 4 ur Nifty prediction.
Plz post next series Nifty calls.!

Reply

Sudhir kumar March 6, 2010 at 12:17 pm

HI T4T..
I Want Mobile ALERTS through SMS of Your every POSTS.
But here Twiter allows only Airtel numbers…also gupshup reminds rarely.
Mine is IDEA 09844786795..If any alternative is there plz give feedback.
TQ

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