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STOCK MARKET TREND TODAY 16th DEC


Market Trend 16th December :- Now 3 days pull back rally has been ended and profit booking/panic selling again brought the Market in a uncertain position. so now the strategy is to buy designated stocks in a small quantities & don't elaborate your portfolio. because in case of more accidental fall you can average your purchased stocks and can come out scot free in near future. as per my idea, you have to bear the pain for another two weeks. anyway, tomorrow spot nifty should sustain 5900 at first. 5920 is the nifty hurdle crossover & above that 5940-5960-6000 plus can be seen. but remember 5880 is again a very strong support of nifty breaking which spot can fall down up to 5850 , in case spot nifty breaks 5850 then again panic selling will start and it may bring the spot nifty down to 5800-5750 level.

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Intraday Tips Updated at: 8:21 PM
 
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