1. Recap: As advised Reliance communications, Tata Motors and Bombay Dyeing gave a lot of profit to the readers and am glad that the day traders are making money with the free day trading tips for indian share market. Gateway Distripak has also a given a breakout and is heading for 170 target.
2. BSE & NSE update:DO NOT TRADE FOR FIRST 15 MINUTES, MARKET IS GOING TO OPEN WEAK DUE TO SEBI SUGGESTION ON P-SEC NOTES. However it gives an opportunity to buy at lower levels and I feel Infosys can be bought at lower levels as its likely to move with in the range of 1700-2240. Idea and Power grid at lower levels provide an opportunity to buy.
3. Key World Indices:
SENSEX 19051.86: -6.81
NIFTY 5668.05: -2.35
FTSE 6604.10: -0.61%
NASDAQ 2780.50: -0.91%
DOW JONES 13984.80: -0.77%
NIKKEI 17137.90: -1.27%
4. Strong Future Stocks
Educomp
SAIL
Adlab Films
Shipping Corpn
Patel Eng
Tata Power
Reliance Energy
Jindal Steel
Sesa Goa
Nagarjuna Constructions
5.Weak Future Stocks
Indian Bank
Ballarpur Industries
Oswal Chemicals
Andhra Bank
Chambal Fertilisers
Mah Seamless
I-Flex
Hind Petroleum
TVS Motor
Aurobindo Pharma
6. Free Indian Stock Day Trading Tips:
(a) Sell Reliance communications(RCOM)<744.9,730 Sl 751
(b) Sell India Infoline<996.9,990,980,970,965 SL 1001.1
(c) Buy RCOM>762.1,776,792 Sl 749.9
(d) Buy Biocon>550.1,560,570 sl 545
(e) Sell CESC<586.9,580,570,566 Sl 593.55
INDIAN STOCK TIPS:17 OCT
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