Market has to remain above the level of Nifty 5930 to keep the bull momentum maintained and in its upmove it encounters a stiff resistance at the level of 6101 which if conquered than only next leg of rally will commence. Till the time Nifty is trading below 6100 level, market remains in the downtrend. Today in the markets expiry jitters were seen and bears had an upper hand in the last half an hour. Do remember to check out out Nifty tips which has helped a number of people to become millionaire and be part of the 5% of the people who make money in the stock market as market generally sees stock specific action and that is only known to the inside*s. There is no point banging the head against the wall when one can get the baked cake and further no point in reinventing the wheel and make money like professionals with the Jackpot call which performs irrespective of the condition in the market.
As we can see in the stock market cartoon that people consider Dollar as an invincible currency, however one can not take the same as a gospel truth as China is presently holding US 12% of dollar reserves as its debt and it can bring an economic disaster the day it decides to offload the dollar assets and probably this is the reason that US keeps on appeasing China.
Analysis of derivative segment data shows that November series started the month with 44,870 crore open interest in stock futures and 15,375 crore of open interest in Nifty futures. On the options front, 6300-6400 remain the active strikes on the call side and 5800-5900 on the put side indicating this broader range for the November series.BSE advance-decline ratio stood at 1:1.5.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 6000-5930 | 6100-6160 |
Sensex | 19770 | 20200 |
Stock | Profit (Rs) |
2X Jackpot Tip provided | 3545 (Rs 50,000 Trading) |
Share | Gains (Rs) |
Tips | 41560 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 64765 |
ABG Ship, Dena Bank, IDBI, Vijaya Bank, Canara Bank, Federal Bank, TCS, Orchid Chem, Bank Of Baroda & PTC.
Weak future stocks at Bombay Stock Exchange
Finan Tech, BRFL, Educomp, IDEA, Pir Health, Sesa Goa, Apollo Tyre, IVRCL Infra, Aban & On Mobile.
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