Sure shot Nifty Advice
Nifty is likely to be range bound between 4200-4400 level and a real breakout will be seen only when Nifty pierces these level on closing basis. As a stratreg stay light before the budget to avoid getting stressed as being stress free is very important to be able to take pragmatic decisions else a fear keeps lurking in the back of the mind which effects trading decisisons drastically. Tomorrow morning one may see market tanking down but will take support near 4200 levels of Nifty and a dead cat bounce will be enacted during the trading hours.
Indian share tips results
Axis bank profit for the day is Rs 1180, Videocon industries profit is Rs 270 and Ranbaxy sell tip generated returns of Rs 840 for every 100 shares of India traded as per the given tip.
Stock tips NSE BSE
Buy ONGC>1131.1,1148,1158,1195 sl 1119. One can read more about this
Indian stock market Tip here
Buy Axis bank>862.1,869.,877 sl 856.8
Buy Videocon industries>181.1,182.7,183.7,186 sl 178.8
Sell Ranbaxy<241.5,240.1,237.5,235 sl 245.5
Buy SAIL>163.1,166,168 sl 157.7
Delivery sureshot Indian stock
Noida Toll bridge for 20% returns
Nifty option calls and puts tips
Go for a straddle
Strong futures
Edu Comp, Tulip, GT Off Shore, Patel Eng, Colpal, Tech M, Jindal Steel, Dabur, Union Bank & Axis Bank.
Weak futures
Orchid Chem, Ranbaxy, Nation Aluminium, BRFL, Sun Pharma, CESC, Sterlin Bio, Bharat Forge, Tata Motors & RNRL.
The Economic Survey for 2008-09
The same was released today, stated that the government should sell a minimum stake of 10 per cent in all the unlisted public sector enterprises and "auction" those that can''t be revived. It also recommended a disinvestment target of Rs 25,000 crore annually. The Economic Survey for financial year 2009 stated 100% FDI in health and weather insurance, disinvestment target of Rs 25,000 crore per year, removed Commodity Transaction Tax, Securities Transaction Tax, and Fringe Benefit Tax, etc. Moreover, the survey suggested tax cuts as well as increase in government expenditure as part of another stimulus package to boost the economy. Besides this, the government should phase out all cesses and surcharges on taxes and securities transaction tax, fringe benefit tax and introduce a new income tax code, the Economic Survey said. On the top of this, decontrol the petrol and diesel prices to take the advantage of low inflation and global crude prices, the Economic Survey said.