Indian stock market today| Bull market analysis
Indian stock market may see some more up move and the technical indicators are suggesting not to short till the time the F&O expiry is over. MACD< RSI and ADX technical indicators which suggest the trend of the market are showing an uptrend in the market. BSEIndia index Sensex has support at 9500 and resistance at 9865. NSEIndia index Nifty has support at 2940 and resistance at 3142.
Hot stocks Tip Newsletter
Infosys helped day traders of India to make money to tune of Rs 1600, Cairn helped make money Rs 370, Bank of India gains were Rs 390, Voltamp profit is Rs 400, BRFL profit for the day is Rs 150 and stock is standing above our entry price on the closing basis, Bata and ONGC did not reach the entry price and thus trade was not executed for day trading
Value stock | growth stock | Technical analysis tips for day trading
Buy BRFL>147.65,150,154 sl 143.6
Buy ACC>565.1,573 sl 560.9
Buy Nitin Fire>176.1,179.4,,180.4,186 sl 171.9
Buy ABB>396.1,400,402,411 sl 392.8
Buy ONGC>765.1,770,783 sl 759.8
Buy Infosys>1341.1,1350,1355,1370 sl 1332.8
Buy Cairn>190.1,191.8,193.7 sl 187.8
Online trading | Futures and Options
Strong Futures
Matrix Labs, India Info, BRFL, Biocon, Ster, GMR Infra, Wel Guj, Unitech, Voltas & Reliance
Weak Futures
Alok Text, Crompton Greaves, Rolta, Moser Baer, Glaxo, IOC, Network 18, Allahabad Bank, Amtek Auto & Hind Petro.