As predicted in Indian stock market Tips Newsletter on Monday we are heading for a downslide to Nifty 4200 levels. One will see that in this fall as of today Deregulation of oil failed to keep the spirits high for BSE Oil and Gas index. We may see further fall in coming 2 sesions in stk mkt. Sensex support at 14000-13750 with resistance at 14800. NSE Nifty support exists at 4250 and the resistance to the up move is at 4470. Globally US government has announced major reform of banking regulation to prevent future financial crises.
NSE BSE best stock tips for bonanza investment and Returns
ONGC gains for the day were Rs 5580 as it crossed all the targets for the share tip, Rpower crossed target 1 providing gains of Rs 290, DLF sell recommendation yielded results at NSE Rs 1110, DCB crossed tgt 1 and gains were Rs 140, Union bank receded with marginal gains of Rs 200 for every 100 shares traded as per the gibven tip. RCOM and Hindalco did not reach entry price and thus trades were not executed. If you note we had suggested yesterday recommended to sell RNRL which has given a fall of 24.11% in a single day today. Thus one we will see that we have been hitting the nail on the head as our tips are tested against tech analysis as well as the time.
Daily trading tips India
Sell DLF< 326.5,321,311 sl 334
Sell ONGC<1046.8,1035,1006 sl 1162
Sell LT<1448.8,1441,1436,1415 sl 1456
Buy AP Paper>80.3,81.3, 82.2 sl 78
Buy ABB>761.1,768,785 sl 755
Note:Keep an eye on SBI for breaking 1597 level and thereafter short the stock in negative market.
Indian shares strong futures
Tech Mahindra, Bajaj Hind, Indus Ind Bk., JP Hydro, Auro Pharma, Jindal Steel, RNRL, JSW Steel, LIC Hous. Fin & ABB
Share tips for Weak future
TCS, Jet Airways, Sterling Bio, India Info, G E Ship, DLF, RPL, GMR Infra, Ind Hotel & HDIL.
Broadband Services Update
Online stock traders have a reason to cheer as Tata Teleservices is going to provide fastest broadband service in India as it has teamed up with ECI Telecom, an Israel-based networking infrastructure solutions provider, to offer India's fastest broadband access network with connectivity speed of up to 18 megabit per second (Mbps). Recently Airtel launched broadband services which provides a speed of 16 Mbps.
Keep Watch
Coal India IPO may be in offing as Govt is contemplating a 10% disinvestment. If you are risk averse than do remember to invest in this company.
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Indian shares | Daily trading tips India | 18 June
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