1. Recap: Yesterday due to technical error two recommendations which gave good profit during the day were not posted on page. The error is regretted. However Tata Steel on plus side gave a profit of Rs 6/- and on negative side gave a profit of Rs 2/-.
2. Stock Market Journey for the day:The market saw intense volatility following global jitters of poor economic data from the US. Sensex closed at 19079, down 181 points and Nifty closed at 5742, down 34 points from the previous close. The BSE Smallcaps and CNX Midcaps Indices both barely closed in the positive. The market breadth was negative with advances at 451 against declines of 764 on the NSE. Top NSE gainers included Sun Pharma, Cipla, ITC, Cairn India and Suzlon while losers included Tata Power, Sterlite, L&T, ICICI Bank and VSNL
3. Stock Market Future Update: Futures for Dec is trading at Premium for Nifty indicating a technical bounce back is likely to occur. Watch 5699 Nifty support.
4. Strong Future Stocks
Deccan Aviation
Lanco Infratech
Ansal Properties
Essar Oil
Triveni Engg
Renuka Sugars
Adlab Films
Jet Airways
Bajaj Hind
Praj Industries
5. Weak Future Stocks
BHEL
Crompton Greaves
Federal Bank
Sterlite
Patni Computers
Satyam
Larsen & Torbo
ICICI Bank
Tata Motors
Bharat Earth Movers Ltd
6. World Key Indexes Update:
SENSEX 19079.64{ -181.71}
NIFTY 5742.30{ -34.70}
FTSE 6288.60 { -10.80}
NASDAQ 2574.46 { -61.28}
DOW JONES13167.20{ -172.65}
NIKKEI 15207.90{ -41.90}
7. Free Indian Best Stock Day trading Tips:
(a) Buy Sangam industries>63.5,66.15,68.9 sl 59.9
(b) Buy Hilton>50.1,52,55 sl 48.75
(c) Buy Hind oil exploration>172.5,178,186 sl 168.9
(d) Buy Rel comn>720.1,726,738 sl 716.9
(e) Buy Clutch Auto>115.1,119.9,122,129 sl 113.5
Free Indian Online Best Tips:19 Dec
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