1. Effect of Left withdrawing support to Congress and its effect on Indian stock market: The inevitable has happened and Left has withdrawn the support. So uncertainity has gone from the market and going by that logic one may see some consolidation in the market. Samajwadi party is lending support to cCongress and I remember Amar Singh being kicked out off one of the tea parties of Congress when it had come in the power. However their remarriage has proved the adage that " In Politics there is no permanent friends or foes and it is the permanent interests which matters the most". Stock market will be range bound. Preferably avoid trading and let the picture get clearer.
2. Analysis of yesterday hot share tips:RPL gave a profit of Rs 490 and Punj Llyod did not reach the entry price.
3. Intraday genuine profit making stock tips for Dalal Street:
Buy Larsen and toubro>2401,2449,2478 sl 2380
Sell Infosys<1708.8,1700,1690,1650>
Sell RPL< 164.9,163,160,155 sl 169
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