Market has broken on the downside and now we are in for a crucial day as tomorrow i.e. Friday is going to determine the trend of the market i.e. whether next coming week is going to see selling or another meteoritic rise. As per the technical charts the market is likely to witness selling pressure at the higher levels and thus trade as per given resistance with the level of Nifty 6150 holding the key in coming days. We are glad tat Gold has touched new high at Rs 19,680 as we have been recommending at the top of once to make gold as a part of the portfolio time and again. Thanks for all the Kudos from free and paid subscribers. We had also stated amply clear that stocks like IFCI, Religare and other NBFC are likely to be considered for banking licence and these financial institutions recommended for swing trading to our paid clients are close to their new highs. This announcement of banking licence was also made on your fate financial website. Women empowerment is the mantra and that is the reason we are proud to state that Nooyi, Shikha and Chanda have again made it to Forbes' powerful women list. Our Congrats to the ladies who have made India proud.
No doubt Dallal street is trying to catch with NSE and one can make a lot at BSE alone and definitely our
BSE Stock Tips have helped create a few more millionaires as trading accurately si more important than trading every day; like today our Jackpot call did not get triggered as entry price was just not reached and it reversed 10 paisa before our entry price which speaks of the precision of our technical analysis. With us one can never enter in any loss making proposition.
Make sure that you do not discuss your stock market successes wit your boss and never ever share the tips with him because moment the tip goes wrong, your job may be in danger and the left side cartoon depicts the same. When it all goes well, you may get kudos, but moment it goes wrong than be ready for an additional share of the brickbats.
Keep an eye on US data on jobless claims and chain store sales. In the euphoria even negative news is also not considered and same is covered under a garb that same is reflected in price. Make use of present rally to get out of your stocks which you have got married and if you are not able to make decision, than feel free to seek our opinion as a complimentary gesture for paid subscribers. Analysis of derivative segment data suggests that market will face stiff resistance at the levels of 6300-6350. The higher levels are seeing profit booking. BSE advance-decline ratio stood at 1:1.5.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5999 | 6201 |
Sensex | 20269 | 20501 |
Stock | Profit (Rs) |
Tip | Call not initiated as entry price did not reach recommended level & thus trade not executed. |
Share | Gains (Rs) |
Tips | 18450 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 34760 |
Click Here to Subscribe for Daily NSE Future and Option Tips Strong future shares at National stock exchange
Orchid Chem, Rel Media, Bhushan Steel, KFA, MLL, Indian Bank, Bank Of India, India Info, Biocon & ABG Ship.
Weak future stocks at Bombay Stock Exchange
Finan Tech, Nagar Cont, Idea, United Phosphoro, Hind Petro, GTL Infra, Colpal, Ivrcl Infra, BPCL & Asian Paint.
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