1. RECAP:RPl gave a profit on downside by hitting a low of 203 giving a profit of Rs 16, PFC gave a profit of Rs 15.8 and NTPC gave a profit of Rs 4/- per share bought.
@ Shweta: Book your profits in Nagarjuna Fertilisers if you cannot hold for one year as support of 60 is a crucial level for Nagarjuna fertilisers.
2. Share Market Update:Consider Nifty 5749 as a crucial support and for Sensex consider 18999 as a key support.
3. Key World Indices:
SENSEX 19289.83:-110.84
NIFTY 5782.35:-4.15
FTSE 6417.80:-0.88%
NASDAQ 2825.18:+1.07%
DOW JONES13660.94:+0.87%
NIKKEI 16096.70:-0.94%
4. Strong Future Stocks
Punj Llyod
Dena Bank
Jaiprakash Assoc
Bajaj Hind
BHEL
RNRL
Jindal Steel
Neyveli Lignite
Power Fin Corp
MRPL
5. Weak Future Stocks
Shipping Corpn
Bharti Airtel
Moser Baer
Infosys
Birla Corp
Peninsula Land
Patni Computers
I-Flex
Polaris Software
Mah Seamless
6. Free Indian Stocks Day Trading Tips:
(a) Buy HPCL>260.1, 262.8,267,275 SL 257.9
(b) Sell RPL<216.9,206,193 Sl 220.1
(c) Sell RNRL< 149.5,144.5, 133.5, 116 Sl 153 (Follow with strict stop loss)
7. Long term players with 2 years horizon can invest in sugar stocks and can day trade in it if they have capability to hold the stocks. Bajaj hind and Balrampur have given a breakout.
8. Delivery cum day trading Tip Indian Stock Market: Buy Ispat Industries>29.8, 32,33.7 sl 27.7
9. Future & Options Traders: Avoid trading in RNRL as its fundamentals are still not in place and am amazed at sudden spurt in its valuations and is presently reeling under bear trend but reliance group companies has the capability to surprise traders.
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Free Indian Stocks Day Trading Tips: 08 Nov
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