As suggested in yesterday Indian Share Market Newsletter ; Indian markets saw profit booking at higher levels. Flat U.S. index futures and negative sentiment across most of the European markets also dampened investor sentiment. The BSE Sensex finished at 17,195, down 36 points or 0.21%, while the S&P CNX Nifty fell 9 points or 0.18% to 5,109.The likely days are going to see an enhanced volatility in the market and it will be a tussle between bulls and bears and mkt will be moving like a Yo- Yo i.e. moving up and down. The detailed support and resistances for the indices for Indian share market are as appended below:
| Index | Support | Resistance |
| Sensex | 16999 | 17361-17451 |
| Nifty | 5049 | 5185-5225 |
Jackpot Tip Analysis
Our Jackpot Tip subscribers made a lot of money as stock touched the target 1 and thus one made money Rs 1020 per 100 shares of trading. A number of NRIs and investors have made lot of money in this tip as they trade in multiple of 100’s in each stock. However best part true to our commitment is that since stock reversed after touching the target 1 and thus the subscribers will not be charged for this tip. It is a win win situation for all and thus you can cannot be far behind. Click on below icon to make sure shot money from the market.
Indian Shares Tips | Day Trading Result
| Stock | Profit (Rs) |
| Tip 1 | Not initiated. |
| Tip 2 | Marginal gains and hovering near entry price level. |
| Tip 3 | 235 (small cap stock) |
| Tip 4 | 300 (small cap) |
| Tip 5 | Not initiated as stock price did not reach the entry price. |
| Tip 6 | 980 |
| Tip 7 | 4800 |
| Tip 8 | 1080 |
| Tip 9 | 1100 |
| Tip 10 | 930 |
| Tip 11 | 470 |
| Tip 12 | Tip not initiated |
| Tip 13 | 3730 (star tip of the day) |
| Tip 14 | 470 |
Thus if we see that even if one enters in a stock and makes a mind that he will exit with Rs 1 profit per stock and will not wait for any target; still he or she will have sufficient amount to take home every day by trading only 100 shares per tip.
F&O Results
| Share | Profit (Rs) |
| Tip1 | 14400 |
| Tip 2 | 7200 |
| Tip 3 | 4120 |
| Tip 4 | 18990 |
| Tip 5 | 7230 |
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Smart Investor News related to commodity market
U.S. dollar is staging a comeback and as a net result comparitively gold prices are trading lower. Gold prices dropped $13.70 to $1,051.00 per ounce, after reaching above $1,070 yesterday. Despite that due to festival fervour the Gold has touched the levels of Rs 16,120. Crude is holding up, as traders look ahead to the EIA’s oil inventory report.
Global economy News
US banks Goldman Sachs and Citigroup report positive quarterly results, lifting hopes of an end to the global banking crisis. However we fail to understand the fact that how it is being stated for Citigroup as Citigroup has posts loss and has taken $8 bln in credit losses.
Indian IPO update
Indiabulls Power's IPO subscribed nearly 22 times
Market Grapevine
Mukesh Ambani takes 2/3rd pay cut for FY09
Spicejet sees Q2 loss, better times ahead
Bajaj Auto Q2 net more than doubles
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should Trade Less But Trade Accurately & this is Achieved with our Tip.
