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However if Nifty is able to sustain above 4899 than the market will again recoup the losses. Thus one has to undertake shorts in the market with precision to avoid being squeezed.
Indices | Support | Resistance |
Nifty | 4950 | 5100-5182 |
Sensex | 16660 | 17050 |
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Jackpot Tip Analysis
The trade was not initiated as day high and low were same.
Day Trading Tips | Results
Stock | Profit (RS) |
Tip1 | Trade not initiated. |
Tip2 | 1900 |
Tip3 | 240 |
Tip4 | Trade not initiated. |
Tip5 | 515 |
Tip6 | 1490 |
Tip7 | Trade hit stop loss |
Tip8 | 300 |
Tip9 | 3890 |
Tip10 | 335 |
F&O Trading Tips | Results
Stock | Profit (Rs) |
Tip1 | 2700 |
Tip2 | 1104 |
Tip3 | 6846 |
Tip4 | Trade not initiated |
Tip5 | Trade not initiated |
Tip6 | 5900 |
Strong futures
Orchid Chem, Ranbaxy, Bajaj Auto, Cipla, BEL, GTL Infra, ACC, Hotel Leela, Sail Ltd & Hind Zinc.
Weak futures
Orient Bank, Tata Comm, Andhra Bank, IDFC, Allahabad Bank, Aban Off shore, IOB, Nagarjuna Const, Ivrcl Infra & Corporation Bank.
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