100% Correct Nifty Tips | Hot Stock News | Shares and Stocks Analysis for Indians and NRIs
It has come to the light that Greece has been able to hide its bankrupt situation by virtue of a clever use of the derivatives and thus one must study the company balance sheets in India also as at times it is like a time bomb which if used properly can provide non linear returns and if used abusively can take the financial markets down with it. As suggested yesterday that market is having a bearish tone and now it needs to be seen if the IIP data can have some positive development in the market.
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Surprisingly Indian IT companies have projected a large number of recruitment and to an extent we can say that India has come out of the recession unscathed. The likely recruitment by these companies in India were given yesterday. Nifty 4670 is an important support to be watched because if this level is broken than 4450-4349 is in sight.
Do keep an eye on the following supports and resistances in the stock market and trade in specific sure
sure shot equity calls only as profit is going to come from select stocks only in a range bound market.
Indices | Support | Resistance |
Nifty | 4739-4670-4550-4470-4349 | 4918 |
Sensex | 15862-15628 | 16475 |
Jackpot Equity Calls
It generated a Profit of Rs 1200 for Rs 50000 trading.
Intraday Trading Tips Analysed Report
Day trading equity calls yielded a profit of Rs 6350.
Future and Option Tips Info for Previous Day
Due to whipsaw movement in the market a number of F&O recommended share tips did not get triggered and as a result the tips which got triggered yielded a profit of Rs 18860. The non triggering of the tips is due to entry price not reaching the recommended level.
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Stock News Bharti falls 9% in today market. Zain shareholder Kharafi confident of Bharti deal.
Indian IPO infrmation
Man Infraconstruction is planning to launch an IPO wef 18 February 2010 and closes on 22 February and price-band is likely to be between Rs 243-Rs 252. The company plans to raise over Rs 140-crore through the IPO.
NSE strong future
Titan, Chennai Petro, Lupin, Hero Honda Bhushan Steel, Bajaj Auto, Jindal Saw, India Cement, Chambal Fert & BRFL.
BSE Weak futures
Baja Hind, Renuka, ICSA, DLF, Ranbaxy, Bharti Airtel, Recltd, Tata Comm, GMR Infra & National Alum.