POST MARKET REPORT 12-11-09

It was a looming possibility of some correction through profit booking along with mixed global cues.On intraday basis intermediate support 4960 broken but 4900-4908 zone sustained.Mid-day bcoz of good IIP No. market bounced a bit but increased inflation brought the market down.so mixed trend but bear having an upper hand through out the day,as most of the sell level triggerd in our selected pics.Hope u enjoyed the level.Looking like market is in a consolidation zone.As long as 4860 hold market looks good with some up & down.So,in near term watch this pivot level carefully enjoy green arrow for some time.But at every bounce try to book ur holding in part so in some down jerk u do have a chance to grab somthing with cash in ur hand.