Share Market Trend in India
As suggested in yesterday as well as previous few days post, selling rally has set in due to profit booking and one be better off from the market as wednesday is the F&O expiry for the market as Thursday and Friday are holidays. Global cues are down in wake of swine flu outbreak. Volatily will be prevalent due to F&O expiry day. We can see more downfall in mkt due to this futures and options expiry. BSE India key index Sensex support exists at 10739-10506 level and resistance exists at 11200 level. NSEIndia index Nifty support is existing at 3300-3238 and Nifty resistance at 3440 level. One has to keep watch at level of Nifty level of 3300 from where a bounce can be seen if bulls tried to wrest initiative. However one only hoped from some good news from corporate sector but it appears remote. However all is not lost as global money supply is increasing and people are sitting on the sidelines waiting for the right opportunity to enter in BRICs economies.National and Bombay stock exchange Holiday on May 1
Friday is a holiday being Jai Maharashtra day. I hope Raj Thackrey learns some lesson and is not out to disintegrate the nation as Bombay or so called Mumbai is our economic backbone and every Indian has a right to get the chunk out of it. Spreading bitterness should not be the aim and lets all club together and make our nation stronger; so that we can live with head held high even on visiting foreign nations and not be looked on as second rate citizens. Nations rise when citizens join together riding above caste, creed, sex and religion. Our nation is best and this statement is being made after visiting a number of foreign nations on official and unofficial tours.Profit analysis of recommendations
By now those who have been following us religiously would have had understood that as and when our most of the tips do not reach near the entry level means that market is not worth trading intraday due to prevailing volatility and thus they are saved from entering any trade and do not lose any money in market. None of the tips wee executed by day traders due to stocks not reaching the entry levels. Remember that at times one has to respect the mkt and not to trade till the time the prevalent trend is not confirmed.Daily free day trading tips to make Money
Buy Apollo Hospital>391.1,394,398 sl 387.8Buy BRFL>167.5,169.8,172 sl 163.5
Buy LIC Housing Finance>337.1,339.5,347,349 sl 332.8
Buy JP Associates>131.1,135.9,137.5 sl 127.8
Buy TCS>601.1,606,612,615 sl 594
Buy ICICI bank>451.1,458,469 sl 445.8
Buy Wipro>321.1,325,329 sl 316.8
Trade Indian Strong Future Shares
KPIT, JP Associat, Penin Land, Lic Housing, TVS Motor, Purva, HDIL, Axis Bank, Wipro & 31Infotech.
Weak Future Stocks at National Stock Exchange
Alok Text, Titan, National Alum, Divi's Lab, ZEEL, Aban, Rolta, Power Grid, Ranbaxy & Hind Unilvr.Click Here to Subscribe for Free Daily Share Tips in Email