Indian stock market tips | Share Tips India worth Watching
Although the Reserve Bank of India did not change its key policy rates, the underlying tone of the monetary policy statement was hawkish. In its second quarter review of its monetary policy, the bank kept the cash reserve ratio, the repo rate and the reverse repo rate unchanged, but it raised the statutory liquidity ratio by a percent to 25%.
In a nutshell global Market have entered into correction mode and so our markets have also become volatile. However a dead cat bounce is not ruled out tomorrow and thus trade with caution till expiry. However presently Nifty trend is down and thus can target 4700 levels.
Index | Support | Resistance |
Sensex | 16221-15861 | 16721 |
Nifty | 4699 | 4961 |
Intraday trading tips | Analysis for gains day trading
Stock | Profit (Rs) |
Tip 1,2 and 3 | Not Initiated |
Tip 4 | 625 |
Tip 5 | Not Initiated |
Tip 6 (sell call) | 6100 |
Tip 7 (sell call) | 7900 |
Tip 8 (sell call ) | 1480 |
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Future and Option Results analysis
Stock | Profit (Rs) |
Tip 1 | 12600 |
Tip 2 | Not Initiated |
Tip 3 | 2960 |
Tip 4 | 13593 |
Tip 5 | 18768 |
Jackpot tip Daily Result Update
Stock | Profit (Rs) |
Tip (mid size stock sell recommendation) | 7900 |
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Stock Market Timings
All are aware that SEBI has given in principle approval to enhancement of trading hours i.e. trading hours between 9 a.m. and 5 PM. Brokers and traders are worried due to additional sress. As we are aware that cash and equity derivatives market is open from 9.55 a.m. to 3.30 p.m and currency derivatives market is open from 9.00 a.m. to 5.00 p.m. while the commodity derivatives market is open from 8.00 a.m. to 11.30 p.m.
Global news of Cognisance
It is important to note that Google is planning to participate in India’s WiMAX auction with an Indian partner as 3G Auction is scheduled for January 14th.
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