Tips for traders and investors in the Indian Stock Markets for December 10 2014.

With all out weakness, the benchmark index should find next support at 8230.

The intra-day traders may go long if the Nifty trades above 8375 to book profits at 8410.

The short-term traders may continue playing on the short side with stop loss at 8520. 

For the mid-term investors it is now a sell on rise and buy on dips kind of market as long as the support of 8230 holds and the resistance of 8520 is not conquered.

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.