Indian market has given a positive move and now it will consolidate for some time before embarking on the next leg of the up move where it will encounter resistance at the level of 5560. As we can see today that market reversed an early slide to end higher for a third consecutive session on Tuesday, with oil/gas, banking, public sector and auto stocks leading the gainers. Capital goods, realty and IT stocks were the laggards. As can be seen in the adjacent Nifty chart; we can see that today Nifty is at a decisive stage from where it can make or break and thus trade with proper stock market guide to make money from stock market as a correct mentor can always help one to excel in the market. Nifty has been able to take support at its 20 day moving average and any break out past this level will see it hitting the levels of 5550-5600.IRDA has cancelled the PNB Principal Insurance licence which will keep other providers on the toes. Silver is at a record high and through our website we had always advised people to go for silver as its demand is more than supply. This is reflected in price of silver where silver coins are up by Rs 3,600; at all-time high of Rs 54000. It is good that EPFO will be providing 9.5% interest on Provident fund and will not be investing in the bourses. However why govt PFs are fixed at 8%. State Bank of India, is expected to launch its first tranche of $2.2 billion retail bond issue on Monday,
Now the news is confirmed that Twitter is not up for sale as was being envisaged earlier that Google or Facebook may be interested in the same. However companies have realised that because of this social networking the employees productivity has gone down, however instead of taking the same in negative manner, one should ask them to let their employees put forth their company products in a stealth manner to their social circles and they can even pay them for this service. One can not fight the technology by putting a blanket ban as one can access these sites despite ban by using the proxy servers. Thus instead of cutting technology one should find the via media to get the best out of the available tool.Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5375 | 5490-5560 |
| Sensex | 18000 | 18318-18560 |
| Stock | Profit (Rs) |
| Tip | 1230 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 32870 |
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 49780 |
Strong future shares at National stock exchange
Welcorp, BRFL, Fortis, Bank of Baroda, TV 18, Financial Technology, LIC Housing finance, GMR Infrastructures, Andhra Bank & Tata Motors.
Weak future stocks at NSE
Unitech, Patel Eng, Punjlloyd, BEML, Moser Bear, LITL, IVRCL Infra, Orbit Corp, Rcom & DCHL.
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