Day Trade for Living with Sureshot Daily Hot Tips | 06 Jan

It was a negative day for the market and same can be attributed to the global markets in negative territory as majority of Asian markets ended lower on the day. China's Shanghai Composite Index and Japan's Nikkei 225 lost 0.5% and 0.17%, respectively. India's BSE Sensex lost about 1% and Australia's All Ordinaries fell 0.6%. However, Hong Kong's Hang Seng added 0.4%. However one need not get perturbed as our Jackpot call for the day performed irrespective of the trading behaviour of the day as call of HCL Tech was given which performed in a majestic manner and brought a lot of cash for all the day traders. So far Reliance has not participated in rally and has been a mute spectator and all those with patience to hold stocks can safely add Reliance and consumer defensive sector stocks which will yield good returns in times to come. Definitely this return will be much higher than the fixed deposits as in these deposits inflation eats into your savings. Exit out of Tata group stocks as for short term these have peaked and one must exit Tata steel if it breaks 699 mark as thereafter it touches 650, though long term target for same is projected as 4 figure. No point in getting married to a stock and exit and reenter at lower levels.
It is important to track the Baltic Dry Index, which tracks the worldwide international shipping price of various dry bulk cargoes and now it makes sense as it has slumped to its lowest point in 20 months in London on Tuesday. As a result of this fall we see all shipping stocks in India going down. Thus one of the guru mantra is to keep a tab on this shipping index. See it touching at low levels.
Nifty in this rally can touch 6300 levels provided 6000 level sanctity is maintained and not to forget that Nifty has a target of 7400 in the future. If you are not in equity market you are missing the growth story. Be a part of the index which rocks the world. In short term do not worry as still daily trend of the Nifty is on the upside.
Derivative Segment future Prediction: Analysis of derivative data suggests that 2.05 lakh shares were reduced in open interest with a significant increase in the cost of carry indicating short covering. On the options front implied volatility increased marginally, indicating volatility will continue in the coming days.
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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	6088-6059-6031	6183-6200
Sensex	20180	20571-20648-20805

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1570 (Rs 50,000 Trading)

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Share	Gains (Rs)
Tips	36970

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NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	49640

Click Here to Subscribe for Daily NSE Future and Option Tips  Strong future shares at National stock exchange
Hexaware, Praj Ind, Bata India, Jindal Saw, Polaris , Hind Oil, Hind Uni Lever, Sesa Goa, Ispat Ind & Alok Industries.

Weak future stocks  at NSE
Recltd, Indian Bank, Oriental Bank, Canara Bank, Bajaj Auto, Federal Bank, UCO Bank, Syndicate Bank, BPCL & Dena Bank.
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