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Intrday share tips 16 Dec, stock market trend 16 Dec, free stock tips 16 Dec, share trading strategy for 16 December

The markets have weakened over the past few days, The market has trended down since November 2010 and lost 20 per cent. It is reasonably logical to assume the stock prices will trend down for somewhat longer. (FIIs) sold shares worth Rs 140.13 crore on Wednesday. Rupee continued to be weak and was trading at 53.92 versus the dollar around noon.

Nifty Future tips:

All Asian markets dropped.Today nifty future closed at 4745.10 if it manages to trade below the support level of 4730 else above resistance level of 4840 it would be in an upward trend