Markets ended marginally higher, paring sharp intra-day gains, after profit booking was seen in late trades because of growth concerns. However, firm gains in Europe boosted sentiment. Key European indices, London's FTSE-100 was up 0.7%, Germany's DAX was up 1.4% and Paris CAC-40 was up 1.6% on hopes that the European leaders, at a meeting scheduled for December 9, would arrive at a solution to resolve the debt crisis in the region. The Nifty gained 23.45 points to end at 5,062.60 after touching nearly 5,100 in intraday trades.

Nifty Futures shut stop at 5086.10 up by 20.50 points or 0.40 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5135 else below support level of 5020 it would be in a downward trend.

The stock slipped down with the morning bell and showed downward movement during the trading hours. The stock is now facing a resistance at 384 and has support at 372. As mentioned previously it has taken resistance at higher levels and reversed back after a short term recovery. Breaching of the support level may take stock further down. One should wait for sometime in stock till it consolidates for a while.

R - 384

S - 372

The stock remained range bound during the trading hours and ended up on a positive note. It is now facing a resistance at 228 and has support at 220. It is expected to show some downward movement if fails to sustain at current level. One should avoid entering in stock at current level until it consolidates

at either side levels.

R - 228

S - 220