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Saturday, December 10, 2011

Stock Tips>Nifty Range Today 12 Dec

Stock Market Report|NSE BSE Tips|Nifty Range For Monday 12 December: Stock markets closed with losses on the last trading day of week. During the whole week market breadth remained negative and all the sectors with both benchmarks closed with significant losses. Metal, Capital Goods, Oil & Gas, Reality, Auto and Banking led the market to close on a negative note. The Sensex was down 3.3% while the Nifty lost 3.1% during the week. The Best perfoming stocks and NSE BSE Tips were Reliance Power, Hindalco, Kotak Mahindra Bank, Dr. Reddy's Lab. It is advised to hold Ranbaxy and accumulate ApolloTyres for coming few days.

Nifty Range Today: For the coming week performance of Nifty will mostly depend upon the outcome of the European leaders meeting and how currency market reacts to it. Last closing of Nifty was at 4860 levels, if it does not hold the support level of 4832 then it might fall below the level of 4800. Its immediate resistance is seen near 4909 and 4952 levels.

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