Indian Share Market | Trend Analysis which is Confirmed and Sure Shot
Thus make sure that you are present near trading broking terminal failing which one may not be able to catch the trend at the right opportune moment.
Index | Support | Resistance |
Sensex | 16221-15861 | 6721 |
Nifty | 4699 | 4961 |
Intraday Tips | Day Trading Tips | Results Previous day
Stock | Profit (Rs) |
Tip 1 | 1790 |
Tip 2 | 440 |
Tip 3 | 695 |
Future and Option Tips | Results
Stock | Profit (Rs) |
Tip 1 | 18795 |
Tip 2 | 21000 |
Jackpot Tip | Phenomenal Gains
Stock | Gains (Rupees) |
Tip | 3500 |
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NEWS FLASH
Corporate News Headline
• Sun Pharmaceutical Industries posted an 11.49% dip in net profit to Rs. 4.53 bn during the quarter ended September, compared to the same period last year, due to regulatory issues and the resultant loss of revenue for its US subsidiary Caraco Pharmaceuticals. (BS)
• Gail India reported 30.31% fall in net profit at Rs. 7.13 bn for the second quarter ended September 30, 2009. The firm had a net profit of Rs. 10.23 bn in the September quarter of last fiscal. (BS)
• Marico has posted 32% jump in its consolidated net profit for the quarter ending September 30, 2009 at Rs. 620 mn as compared to Rs. 470 mn profit it posted in the corresponding quarter last financial year. (BS)
Economic and Political Headline
• After showing a healthy expansion of 7.1% in August, the growth in core infrastructure sector dropped to 4% in September, making analysts wonder whether robust industrial recovery can be sustained. The coal and cement which had led the chart in August by showing an impressive growth of 12.9% and 17.6% respectively, slipped to 6.5% each in September. (BS)
• Orders for US durable goods rose in September for the fourth time in the past six months, a sign factories are helping ring in an economic recovery. The 1% increase in bookings for goods meant to last several years followed a 2.6% drop the prior month, Commerce Department data showed in Washington. (Bloomberg).
• Sales of new US homes unexpectedly fell in September, a sign the housing recovery may lose momentum after a government tax credit expires. Sales decreased 3.6% to a 402,000 annual pace, figures from the Commerce Department showed in Washington. (Bloomberg)