Indian Stock Market on 11 December 2012

Indian Stock Market:

Today, Indian stock market is highly volatile but positive.

BUY: KTK Bank with stop loss 191.50 for target 199-204.

BUY: DCB, TATA STEEL, PUNJ LOYD, HERO HONDA, TATA MOTORS, RELIANCE CAPITAL, RELIANCE INFRA, SYNDICATE BANK, STATE BANK OF INDIA.

Trading Range(11th December 2012):-

  • Nifty Fut:5,920-5,965 (If crosses 5,965 then can touch 6,000)
  • Bank Nifty: 12,400-12,650+

VIEW ON BULLION

Next 2 -3 days are heavily volatile in bullion due to the fact that Moon & Venus enter into Scorpio today.

Our view is that the week is overall positive.

You can trade in and out (buy at low, sell at high).

Today’s Trend: Bullion is expected to be volatile to weak till UK opening. But after UK opening, it’ll be positive with volatility.  Closing may be positive.

Positional investors (of Bullion) should wait for 26th December 2012.

TRADING RANGE: ONLY FOR MEMBERS

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Mr. Rajeev prakash agarwal financial astrologer

Mr. Rajeev Prakash