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Share market trend today is considered to be mixed. Today is the last trading day of the week and first trading day of the December series. The bias of the market in opening trade is likely to be positive but we would be bullish only if the December Nifty Futures trades above 4725 with a target of 4800. An important level for the market would be 4640-4650 which could hold for some more time.
NIFTY SUPPORT AND RESISTANCE
Weak market in line with what we told to you yesterday evening, with Asian markets down. Now for today 4750 nf will act as first hurdle of bulls.On falls 4690 nf will act as last hope support of bulls only breaking this range will set further moves from bulls or bears.
BEST INTRADAY STOCKS TIPS TODAY
1. Sell ABB Futures with a target of Rs 555 and stop loss of Rs 600
2. Buy Bank Nifty Futures with a target of 8600 and stop loss of 8350
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