Trading Tip Indian stock Market
Nifty and Sensex have broken key levels and Sensex crucial level was 8944 and the same has been breached that the trend will be down unless it crosses above the level of 9100 with volumes. On the downside Sensex can touch 8000 mark and faces resistance at 8940-9075 levels. NSE Nifty support exists at 2686-2500 and Nifty resistance exists at 2758-2779.Day Trading Tips result
BEL gave a profit of Rs 800 and remaining all the tips did not reach the entry price and thus the trades were not executed. This is a situation which occurs generally in downtrend of the market when a number of calls do not reach near the entry price and a day trader starts suffering from the anxiety that he is not doing anything. However one has to appreciate the fact that it is better not to trade in a market which is not worthy of trading and that is the reason that the stock has not reached the entry level and thus preservation of capital has taken place. Thus a no trade is better than a loss making trade.Day Traders technical analysis tips
Sell Reliance<1088.8,1064,1050 sl 1093Sell SBI<1068.8,1064.2,1050 sl 1072
Buy HCL Tech>118.1,120.7,125 sl 115
Buy Reliance Infra>532.1,543,550 sl 527.8
Buy Neyveli Lignite>82.1,85.35,88 sl 79.5
Buy Balrampur Chini>53.1,54.05,54.75,56 sl 51.8
Buy NTPC>182.1,185,186.7,190 sl 178
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