Last week was a painful week for the market participants as leaving apart Oil & Gas index that gained , balance all sectors were down. Realty index and Bankex were the top losers. Thus now one can avoid bankex and real estate till the time Nifty firmly closes above 5510 level. All rallies be used to undertake the profit booking. Keep your finger crossed and hope that Nifty is able to keep itself afloat above 5340 level. Now all is not well for Reliance if it breaks 949 level because now it can fall till 935-915 levels and with it, goes market also in downward spiral. BSE advance-decline ratio stood at 1:2.3. Now one has to monitor the India’s GDP data which will provide the next key to stock market direction.
Thus if you want to avoid the wrath of market and also want to make daily money in stock market than Jackpot tips is the only mantra to make money as stock market opens its doors to make money every day and now the opportunity is knocking at the door as these days only stock specific action is taking place and those who have the right links make daily paisa from the market.
Analysis of derivative segment data suggests that more than 7.60 lakh shares have been added in open interest with an increase in the cost of carry and it shows long accumulation at lower levels. On the option front, implied volatilities has increased by around 3-4 % indicating uncertainty in markets and it says that selling will continue to persist at higher levels.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5350-5288-5265 | 5460-5510 |
Sensex | 17860-17650 | 18160-18356 |
Stock | Profit (Rs) |
Tip | 1440 (Rs 50,000 Trading) |
Share | Gains (Rs) |
Tips | 32560 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 45765 |
BPCL, Hind Petrol, Cummins India, UCO Bank, Bhushan Steel, Petronet, TV-18, Patni,Crompton Greaves & KFA
Weak future stocks at Bombay Stock Exchange
Suzlon, EKC, HCC, Punj Llyod, Rel Infra, Tech Mahindra, Patel Eng, Sesa Goa, Nagar Cont & JP Associates.
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