Volatility Ahead in December in Nifty, Sensex &Stocķs.

BIG VOLATILITY EXPECTED IN DECEMBER

On Dec 1 G20 Meeting with special focus on Trump-Xi meeting & Monthly Auto Sales Data were declreared.

Dec 5 – RBI Monetary Policy

Dec 6 – OPEC Meeting

Dec 8 – Assembly Elections Exit Polls

Dec 11 – State Election Outcome

Dec 12 – Wpi inflation data

Dec 14 – RBI Board Meeting

Dec 15 – Advance tax Numbers

Dec 19 – FED meeting.

Nifty Has very strong support at 10760/10550 zone.

Nifty Would face Resistance – 11050/11111/11290

Bank Nifty has strong support – 26400 and can Test 27100/27400.

Stock to keep on Radar for December month & For Medium term for 10% To 30% upside.

♨️Hotel stock – Indian Hotel,Hotel Leela ventures ,Taj GVK

♨️Liquor stocks – GM Breweries,McDowell,Radico khaitan,United Breweries

♨️Auto stocks – Escorts, M&M.

♨️Chemical & Fert – IOL chemical,Deepak Fertlizer,Deepak Nitrite,Meghmani organics,Mangalam organic.

♨️Midcap IT – Datamatics,Hexaware

♨️Other stocks -Delta Corp, Dmart,RIL,L&T,Aurobindo.

Disc – All views expressed are personal and for study & Education purpose only.consult your financial advisor before investing.

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