The document reports on the Indian stock market performance on December 2, 2014, highlighting a decline in major indices like Sensex and Nifty amid volatility ahead of the RBI policy announcement. It notes the resistance level for Nifty at 8650-8680, with support near 8540, while specific stocks such as Hero MotoCorp and Maruti Suzuki showed notable gains. Additionally, it provides technical analysis and target prices for various stocks.

1. 02 DECEMBER14
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2. S S
INDEX
VALUE
CHANGE
%
SENSEX
28559
-134
-0.47
NIFTY
8555
-32
-0.38
BANK NIFTY
18525
12
0.07
INDIA VIX
13.20
0.31
2.36
CATEGORY
BUY
SELL
NET
FII
5160.09
4224.23
935.86
DII
2561.35
3000.66
-439.31
BIG BULLS ACTIVITY MARKET GOSSIPS FOURTH UMPIRE
Markets after three day consecutive bullishness could not hold on higher side in the previous session despite of better than expected HSBC Manufacturing PMI and finally settled on a flat note with negative bias. Nifty future faced stiff resistance around 8650 and fell gradually towards 8600 as per cautiousness ahead of RBI Policy. Next support is seen near 8540 on daily charts whereas 8650-8680 may act as resistance range. Volatility is expected due to RBI Policy.
TREND: SIDEWAYS
SUPPORT : 8560 & 8520 RESISTANCE: 8640 & 8680 MARKET POSITIONS
 Markets end lower amid volatility ahead of RBI policy.
 Jewellery Stocks gains; Govt eases curbs on gold imports.
 Hero Motocorp surged 3% on bike launch in Colombia.
 Paint shares gains as crude prices fall; Asian Paint hits fresh high.
 Maruti Suzuki hits all time high; November sales up 19.5%.

3. SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
ACC
B
1484.50
1476.50
1492.50
1500.50
1508.50
TATAMOTORS
B
541.20
537.20
545.20
549.20
553.20
SCRIPS @ TARGETS
B/S
SL1
T1
T2
T3
ADANIENT
S
450.25
454.80
445.80
441.35
436.90
INDIACEM
S
91.55
92.45
90.65
89.75
88.85
SCRIPS CLOSE R2 R1 S1 S2
RELIANCE FUT
969.30
1050
1010
930
890
ONGC FUT
363.10
371
367
359
355
TATA STEEL FUT
463.85
473
468
458
453
SBI FUT
321.20
329
325
317
312
INFY FUT
4341.15
4420
4380
4290
4250
NIL. OPEN INTEREST 28-NOV-13 01-DEC-14 CHANGE IN OPEN INTEREST %
NIFTY
22216425
21946850
-269575
-1.21
FUTURE
CASH
PIVOT TABLE
FUTURES & OPTIONS DATA
SCRIPS IN F&O BAN FOR TRADE
A STEP AHEAD

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