Indian stock market has given out a breakout. It is after a long time that Nifty has been able to move out of a range. Sensex has a crucial level and once it crosses 16051, one is likely to see Sensex rising to the levels of 16250. However, keep the level of 15899 under watch. Nifty support exists at 4749, with resistance at 4791-4905. One may see the levels of 5000-5150 Nifty levels in the month of October.
Result Analysis for Tips Given for the day
Praj profit for the day is Rs 340, ONGC gains were Rs 1590, Infosys gains for the day were Rs 1890, Suzlon made money Rs 300, Unitech gave an upmove of 8% in a single day and profit earned by subscribers was Rs 840, RCOM also closed the day with 7% gains and thus online profit in market was Rs 2265, Sterlite gains were Rs 4000 and Gail made money Rs 1230 for every 100 shares traded as per the given tip. Zensar Tech had an upper freeze.
In F&O Segment calls were given for going long in RCOM and Praj Industries and both calls rocked and future and Option traders made money in one stroke.
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