Indian stock market Tips
Indian share market BSE and NSE cracked as suggested in the yesterday post; however not to worry as this correction is good for the market as same may act as an appetiser before the pre budget rally and will be testing the weak hands. One can see Sensex getting the requisite support at 14449-14385- 13839 levels with resistance at 15000 level whih acts as a psychological barrier. Nifty support exists at 4379-4220 with resistance at 4560. Do not trade without stop loss as caution is the buzz word in market as today bears had an upper hand from the first bell of the mkt.
Result Share tips for smallcap
I hope readers trading in Future and Options traders would have had benefitted from the Staddle Strategy and in cash segmet Glenmark hit the target 1 and gave a profit of Rs 280, Bhushan steel hit a high of Rs 872 and thus profit for day traders is Rs 3090,Gail reversed after giving a marginal profit of Rs 180 and Voltas hit both the targets giving the returns of Rs 490 for every 100 shares traded as per the given tip. I know readers may not have had been able to make today profit as listed as this profit wouldf have had occured on a normal day and is more of theoretical nature as from the word go bears had taken control of the market.
Indian Property Update
DLF sees property prices firming up
Company News
Moody's cuts Tata Steel Ltd to Ba3
Commodity : Crude Update
Oil falls towards $67 on stronger dollar
Global airlines fear oil rally as losses mount
Dallal street Tips for intraday trading
Buy Tata Power>1091.1,1099,1105,1125 sl 1069
Buy Bharti Airtel>825.1,832,836,849 sl 817
Buy Balrampurchini>101.1,103,104.9,108 sl 97.7
Buy ICICI bank>741.1,749,759,769 sl 735
Buy Infosys>1753.1,1764,1785 sl 1727
Indian stocks to buy for Long Term
Gas authority of India and Everest Kanto Cylinder (Do not jump to buy but wait and let the market stabilise and than enter in stocks with atleast a one year perspective)
Options Strategy
Strong Futures Tipz
JP Hydro, Aban, Bajaj Hind, MRPL, S Kumar Syn, Rajesh Expo, Welguj, Omaxe, Sobha & IVRCL Infra
Weak Futures Tipz
ITC,Sterling Bio, Cipla, Sesa Goa, Dabur, Bharti Airtel, Relinace, Glaxo, Sunpharma, Lupin & GTL
Click Here for Dallal street Tips for intraday trading in Email
Free stock tips for Indian stock market | 09 June
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