The market is looking overbought and thus one has to be cautious as profit booking with volatility is not ruled out. However Govt decision to divest in NTPC will act as an incentive for the market. Economy is buzzing in India as in 3 days of Dhanteras to Diwali more than 30000 cars have been sold by automakers.
One has to trade in specific stocks to make money from the market, else one may find having struck in wrong stocks as only specific shares will take market to new highs. Global markets are like to provide the cue for Indian markets direction in the forthcoming week.
Index | Support | Resistance |
Sensex | 17000 | 17356-17439 |
Resistance | 5100 | 5183-5219-5500 |
Profit from Great Indian Stock tips in day trading
Stock | Profit (Rs) |
Tip 1 | 1270 |
Tip 2 | 350 (Achieved Target 1) |
Tip 3 | Trade is not initiated as day open and high were the same. |
Tip 4 | -do- |
Tip 5 | 235 (just 5 paisa short of first target) |
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JackPot Hot Shot Tipz Result
Jackpot Stock | Profit (Rs) | Result |
Tip 1 | 1300 | Success (Achieved Both targets in 1 hour time frame.) |
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Future and Option Trading Analysis
Stock | Profit (Rs) |
Tip 1 | 21539 |
Tip 2 | 38775 |
Tip 3 | 13560 |
Share Market Free Newsletter
- Investors celebrate Diwali with Rs 30 lakh cr gain in wealth and FIIs bring Rs 66k cr in Indian equities since last Diwali and at $1050/oz, gold posts 40% gains from last Diwali.
- NTPC to add 1,500 MW before Commonwealth Games and Govt of India is planning to raise money for welfare funds by 5% disinvestment in the stock.
- Tata Consultancy Sales May Rise for Next Three Years, CFO Mahalingam Says .
- Bernanke Says U.S. Should Save More, Asia Spend More to Reduce Distortions Finally
- Twitter will be available in India on SMS only on the Airtel network. There is exclusive period, in which only Airtel consumers will be able to use the service on SMS across the nation. Twitter is a short messaging service.
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