The market cracking was not in line with the going trend as it was very well known that RBI was going to make a 25 basis points hike and same was to clamp down on resurgent inflation and to control higher food prices. The RBI raised its repo rate, at which it lends to banks, to 6.5 per cent from 6.25 per cent and it lifted its reverse repo rate, at which it borrows from banks, to 5.5 per cent from 5.25 per cent. "The RBI is trying to stem inflationary pressure, but at the same time is being cautious that growth is not impacted. Now it needs to be monitored if the level of 5669 is respected or not or market is dishing out punishment for not doing enough to control the inflation. However one need not worry as day traders have a daily stock tip which is going to perform irrespective of the prevalent trend in the market. Not to worry as a dead cat bounce may be in offing.
Azim Premji and Montek Singh have a reason to cheer as they are being honoured with Padma Bhushan, however they deserve it for doing their bit for the nation. Not to forget we salute our nation on the eve of 62nd Republic day and it is our good luck to be born in a free country. "No doubt “Saare Jahan Se Accha Hindustan Hamara” and this thing comes from our bottom of heart. We wish that we as citizens of India join together and work against all subversive forces and beat them at their evil designs and make India a force to reckon with and we are glad that we will see this happening by Year 2025. Let us do our bit and than ask what nation has done for us.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5669 | 5715-5830 |
| Sensex | 18500 | 1900-19350-19500 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1680 (Rs 50,000 Trading) |
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| Share | Gains (Rs) |
| Tips | 29870 |
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| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 42570 |
Click Here to Subscribe for Daily NSE Future and Option Tips Strong future shares at National stock exchange
BRFL, Core Protect, Ispat Ind, HCL Tech, TV 18, Jindal Saw, Ruchi Soya, Bank of India, Idea & Orchid Chem.
Weak future stocks at NSE
IVRCL Infra, Exide Ind, Finan Tech, Jindal SWHL, Patel Eng, LITL, Rel Media, Bajaj Hind, Rel Infra & Alstom.
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