As suggested yesterday that we will be seeing positive opening in today stock market and same had happened and corollary to yesterday statement is that we are going to see a positive week closing due to positive statements being made wortldwide like Morgan Stanley and JP Morgan indicate that the bull market in Indian stocks is here to stay. Strong overseas cues following surprisingly good U.S. home sales data and reassuring comments from the U.S. Federal Reserve helped the Indian market end higher, led by realty, consumer durable, FMCG, capital goods and metal stocks. The benchmark BSE Sensex finished at 15,629, up 388 points or 2.55% from its previous close, and the S&P CNX Nifty climbed 114 points or 2.52% to 4,643. Sensex has support at 15500-15314 with resistance at 15783-15904. NSE Nifty has support at 4600 with resistance at 4700-4790.
Result of Recommendations for Shares of India
BHEL windfall returns for the day is Rs 5110, ABB gainss were Rs 2040, Bharti profit for the day is Rs 355, Purvankara closed with a 5.95% gains and the money made by day traders is Rs 990, Sanghvi movers also closed with a 5.95% upmove with a profit of Rs 1280, CESC closed with 4.46% gains and overall profit for the day is Rs 1790, ICICI also provided mega returns of Rs 2280 and ONGC made money at BSE NSE Rs 1650 for every 100 shares traded as per the given recommendation by the analyst.
Explanation for more number of day trading tips
Due to intermediate uptrend in the mkt, a number of stocks are showing the signs which are worthy of being included in the stock tips and thus a large number of stocks have been given for delivery and thus enter in only those stocks where stock price comes from the rear side and crosses the entry price in a slow and steady manner. No point in running for the gap up stocks. As a caution do not add to your deliveries as due to global uncertainities profit booking can come any time. In such scenarios day trading is the best bet where one closes the position and have a peaceful sleep.
BSE NSE day Trading free tips
Buy Siemens>491.1,495,498 sl 486
Buy Bharti Airtel>415.1,419,425 sl 409
Buy BHEL>2345.1,2349,2359,2373 sl 2337
Buy ABB>722.1,727,734.5 sl 712.9
Buy Sanghvi movers>161.1,164,166,169 sl 157
Buy Purvankara>129.1,132,135.9 sl 123
Buy CESC>351.1,354,359 sl 343
Buy ICICI bank>770.5,773,777,785 sl 762.8
Buy Kotak bank>734.1,739,748 sl 723
Buy Axis Bank>913.1,917,924 sl 904
Delivery Tip for Swing Trading:
(a) Buy Opto Circuit above 185 and hold for 3 months to get good returns.
(b) 3iinfotech and hold for 3 months to get good returns.
BSE NSE strong futures
Purva, Tulip, Bhushan Steel, Patni, Insal Infra, Aurobindo Pharma, HCL Tech, Mphasis, Jindal Saw & FSL
BSE NSE Weak futures
Chambal Fert, India Cements, Dabut India, Cipla Ltd, Bajaj Hind, Indian Overseas Bank, Suzlon, Sesa Goa Ltd, ACC Ltd & Federal Bank.
Warning: Beware of realty bubble which is again formning in coalition with few operators.
IPO Update
The Government has fixed a price band of Rs 950-1,050 a share for Oil India Ltd’s (OIL’s) initial public offering (IPO).
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