Global cues are very important to be watched as today rally rode on positive global markets. US markets are keenly waiting for reports on employment and retail and they expect some negative developments and same was visible on the US markets. Back home; now it appears that Infosys will lead the charge to take Nifty beyond the levels of 5400. Keep an eye on 13 June when its results are going to be announced and one can enter in the stock if it breaks the level of 2850 for short term target of 2880 and in medium term a target of 3500. Incidentally Infosys has always performed better than the stock market anticipation and thus one can add this stock as a systematic plan to the portfolio at every downfall in the stock and one will be able to make a clean break in the market and will be able to beat mkt at its own game. 
Reliance is quiet and will only help Nifty if it remains above the level 1072. The multibagger stocks have the potential to make you rich in the market and if you want to daily make money and enjoy that euphoric feeling of having won the world, than consider going for NSE Trading TIPS and trade with free mind and you will be able to achieve the financial freedom.
BSE advance-decline ratio stood at 1.5:1. Analysis of derivative segment data suggest that ongoing rally in the market is by virtue of the short covering and further digging down the data in option segment suggests that implied volatility has decreased and it shows that market will continue to remain uncertain with high whipsaws and remember volatility is our friend and we must make use of the same as one can make money by going both short and long with in a smaller time frame. Remember India is on a growth trajectory and all those who ignore equity market will suffer as inflation will at into their savings. However always remember that one has to undertake the risk management to make the most out of the market and same has been amply stated through the cartoon.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5214-5167-5145 | 5340-5393-5417 |
| Sensex | 17400-17240-17171 | 17750-17775-18356 |
| Stock | Profit (Rs) |
| Tip | 1245 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 28560 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 43765 |
Click Here to Subscribe for Daily NSE Future and Option Tips Strong future shares at National stock exchange
Hind Petro, BPCL, Bharat Forg, Aban Off shore, Orchid Chem, GTL, Indusind Bank, Pantaloon Retail, Titan & Ashok Ley.land
Weak future stocks at Bombay Stock Exchange
RNRL, TV-18, Patni, Sterling Biotech, JP Associates, India Info, ACC, HCL Tech, Sesa Goa & Sail Ltd
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