Equity Trading Tips for the Week as on December 15, 2014

NEWS INSIGHT
Profit booking continues, Sensex falls 251 pts; oil weighs
Xiaomi to comply with Delhi HC order barring sales
WB Transport minister Madan Mitra quizzed by CBI
Rata Tata launches XPrize india contest
Coal scam: Koda, 7 others charge-sheeted by CBI
Max Sound files case against Google, YouTube
IEA cuts 2015 demand growth forecasts, warns on social unrest
FY15 sales guidance revised to 12-14% Vs 25%: TTK Prestige

    NIFTY ANALYSIS
 Positional Support for NIFTY 8080
 Positional Resistance of NIFTY is 8346
 Immediate resistance for NIFTY is 8272
 Intraday Support of NIFTY is 8194
 Oscillator Analysis The oscillator is showing SELL signal
 A strong marubozu has formed and closing is below the Nifty
     has taken closing below 55 days moving average.
 Sell on rise is advised

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