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Previous day Report
Sensex opened firm at 16,210 and rose steadily to a high of 16,553 before finishing at 16,496, up 333 points or 2.06%. Likewise, the Nifty rose by 102 points or 2.11% to 4,932.
Support and Resistances
The market is playing a deceptive role and one can at best trade by going by the support and resistances for the indices.
Indices | Support | Resistance |
Nifty | 4825 | 4975-5030 |
Sensex | 16300 | 16651 |
It was a real Jackpot today as seeing the positive sentiment in the market 3 sure shot calls were given instead of one and all rocked. We do not hesitate in giving more calls as and when the reliable info is available as our aim is that you all should be able to make money from the market. The subscribers made Rs 3865 by Trading with Rs 50000.
Day Trading Tips | Results
It was a long list of calls on the plus side and without going into the complete detail, it is suffice to note that it yielded a sum of Rs 6890 as the profit for the day traders.
Future and Option Tips | Results
Positive market always helps and so it did for the F&O traders and they made a sum of Rs 28880 from the given calls in the derivatives segment.
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Titan, Triveni, Cummins Ind, Indusind Bank, Siemens, Lupin, SunTV,BOB, Bhushan Steel & Asian Paint.
Weak futures
IOB, Orchid Chem, EKC, Ranbaxy, Prajind, GMR Infra, LITL, Renuka, ICSA & India Info.
Global Update
US stocks fell, following the biggest two-day rally in the Standard & Poor’s 500 Index since October, as service industries expanded less than forecast and Pfizer Inc.’s profit trailed estimates. The Dow Jones and S&P 500 dropped 0.26% and 0.55%, respectively, while NASDAQ gained 0.44%.
Shares and Stocks Update
- L&T bagged orders worth Rs. 11.00 bn in the buildings and factories segment.
- GlaxoSmithKline Consumer Healthcare announced its entry into the noodles segment, with aims to capture 10% of the estimated Rs. 10 bn organized noodles market within a year.
- The government is likely to approve an additional equity infusion of Rs. 8.00 bn into the cash-strapped Air India.
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