Market Analysis | Market Research
All are waiting with bated breath for earning session worldwide which can bring gloom to stock markets world wide as results of companies may not be that positive. However a good news is that composite leading index (CLI) which is used by Nomura; a Japanese outfit to identify turning points in the growth rate cycle is showing a breakout as index which had fallen from near 102 levels in September 2007 to 99 is now increasing. In view of above Nomura has issued a statement that Indian economy is now close to bottoming out. Presently an indecisive pattern is in offing and markets have recorded a steep rise which produces an element of doubt related to strength in the market. BSEIndia index Sensex support exists at 10150 and Sensex resistance exists at 10708-11295. NSEIndia index Nifty has support at 3125 and resistance at 3451.
Bombay stock exchange Free Tips Results
Tata Power profit is Rs 4395, Tata motors gains for the day were Rs 1035, Siemens made money in share mkt Rs 585, ABB helped day traders get Rs 1690, Aban profit in day trading is Rs 1570, ACC made money Rs 1460, Infosys gains for the day were Rs 4800, BHEL Rupee making machine produced Rs 4300, BOI returns for the day were Rs 1060, BEML returns Rs 2080 by day trading meagre 100 shares in the stock market.
Note to share: A number of stocks are giving breakout for day trading and thus do not get perturbed by the list and enter in that trade where one is able to see stock crossing the recommended entry price. Avoid gap up or gap down opening. Every second stock in stock market is rising in day trading channel due to uptrend prevalent in the market due to global uptrend.
Bombay stock exchange Day Trading Tips
Buy Reliance>1691.1,1699,1725,1740 sl 1678.8
Buy Tata Power>871.1,889,894 sl 862.9
Buy Electrotherm>108.1,109.9,110.5,113 sl 106.9
Buy Bombay Dyeing>178.1,184,185.5 sl 175.9
Buy Patel Engg>164.1,166,169.9 sl 159.9
Buy BEML>441.1,450 sl 435.9
Buy Bank of India>231.1,235,237 sl 227.9
Buy BHEL>1541.1,1549,1575 sl 1531
Buy Infosys>1425.1,1450,1460 sl 1413
Buy ACC>595.1,599,607 sl 589.8
Buy Aban>421.1,426 sl 417
Buy ABB>451.1,456,458 sl 447.5
Buy Siemens>271.1,277 sl 268.8
National stock exchange Future and Options Advice
Strong Futures
Essar Oil, Gitanjali, JSW Steel, HDIL, Kotak Bank, Penin Land, Mah Life, Hind Oil Exp, Nagar Const & S Kumar Syn
Weak Futures
Hind Unilvr, Wock Pharma, Sterling Bio, Glaxo, Hind Petro, Power Grid, Alok Text, Colpal, IOC & ITC.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
