Market trend analysis
One need to trade in stocks of India with caution as Indian share market is showing an indecisive pattern in resistance zone. On the positive news stock market related to successful execution of the US bad debt buy-back plan has received a thumbs up and same will responsible for determining the near-term trend and can even act as a stimulus for the market. The new bank plan announced by the Barack Obama administration has been also given a thumbs Up by US market. Presently BSEIndia index Sensex support exists at 9070 and its resistance exists at 9650-9700. Similarily NSEIndia key index Nifty has support at 2835 and Nifty resistance exists at 3142.
Fixed income portfolio | Results with day trading
Voltamp profit by day trading is Rs 1090, ONGC gains for the day was Rs 860, Infosys made money Rs 1890, Cairn share rose to provide profit of Rs 850, Bata gains from online stock trading is Rs 385, Bank of India returns were Rs 650 and BRFL profit for the day is Rs 1065 for every 100shares traded as per the given tip.
Wealth management tips
Buy BRFL>146.1,149.9,155 sl 142.8
Buy Voltamp>354.1,363,372 sl 349.8
Buy ONGC>785.1,799,809 sl 777.8
Buy Infosys>1334.1,1349,1359 sl 1328.8
Buy Cairn>188.1,190,194 sl 185.9
Buy Bata>108.1,110.9,112.9 sl 104.8
Buy BOI>208.1,209.9,211.9,215 sl 203.9
Day traders option
Strong Futures
BRFL, India Info, Nagar Const, Ster, Matrix Labs, Bata India, Hind Zinc, Kesoram Ind, GMR Infra & Hindalco
Weak Futures
Rolta, Alok Text, Moser Baer, Glaxo, Hinduja Ventures, IOC, Allahabad Bank, Crompton Greaves, Indian Bank & Network 18.
Indian commodity market update
Trade in gold with caution as we have to learn fom History as crude fell from a high of $ 147 per barrel to $30 per barrel.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
