Nothing much has changed since the past analysis and as we have stated previously we have to be definitely keep the levels of Nifty 5450 and 5350 under observation whose break will provide us the first signal that market i going to see some fall. If we go by the words of Rakesh Jhunjhunwala, we are going to see Nifty forming a bottom at 5100 in the balance of the year. Thus all is well in our market and we are not affected by global meltdown and we are in a Happy state of affairs and thus do not forget to check out India top stocks which holds the key to your making fortune from stock market of India.
Each one of us can learn a lot from Google which without saying a word celebrates the occasions of all the countries and obviously their innovative aspects is one thing which can be emulated by all personnel's and companies to grow in life and a lesson is being driven home that if one has to grow in any particular geographical region, one has to be part of that local population whether in their sorrow or happiness. An example of Google celebrating Indian independence day is as depicted in the Google. On this occasion of 64th Independence day, we extend our wishes to all our readers and call on Google to not to bow down to pressures of Chinese govts and take a strict stance of providing unfiltered information to the persons of China as they are leading a subjugated life as China is serving them filtered info on internet. We further call on the people of India to get united as only than we can thwart the designs of the evil elements who have made our celebrations into a major issues due to security concerns and for that each one of us has to come forward and root out the evil of terrorism which is plaguing our nation. Always remember that nation is always supreme than individual petty interests. Remember together we can beat any evil design whether it comes from any separatist group or from our neighbours who do not want us to see progressing. Remember Year 2030, we have to be a Superpower and only You can make a difference. Nations do not become supreme in a day and they only stand once their own people are united. If USA is a super power despite being a cosmopolitan state, it is by virtue of its people standing together despite varying religions, origins, caste, colour and creed. Are we ready for it?
Analysis of derivative segment data suggests that 4.95 lakh shares were added in open interest with an increase in the cost of carry, indicating fresh long positions being built at lower levels. On the option front, implied volatility (IV) decreased marginally and is near its all time low, indicating that the market will remain uncertain in coming days and an up tick in IVs could be probably seen.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5400-5350 -5288-5265 | 5493-5511 |
Sensex | 18000-17650 | 18315-18356 |
Stock | Profit (Rs) |
Tip | 2365 (Rs 50,000 Trading) |
Share | Gains (Rs) |
Tips | 41560 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tips | 58670 |
Tata Motors, Tata Comm, Petronet, SBIN, Bank Of India, Sun TV, UCO Bank, Allahabad Bank, Orient Bank & Titan.
Weak future stocks at Bombay Stock Exchange
RNRL, Nagar Const, Punj Lloyd, Rcom, R Power, EKC, Moser Bear, ABB, Reliance & Rel Infra.
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