Share market traders, investors, corporate managers and remaining each one of us can learn a lesson or two from Google as adjacent image will speak for it as they are so sensitive for the local sentiments and probably that is the reason they are ruling the web technology. This only proves that innovation is the key to growth and to avoid stagnattion in any segment. Remember any festival is all about enjoying it to the fullest. So make the most of any situation and have a blast this Holi. We take the opportunity to convey our wishes which is a mark of our celebrating the colors of our beautiful relationship and we wish you and your family all the bright hues of life. Last but not least we are sure your wives/ husbands do not expect you to text them a ‘happy Holi’. Thus send them some innovative message or dedicate a song to them and make sure that they listen to it. One can do that even if one is at home and one will be able to see the million dollars smile on their faces.
Have a colourful holi!
Overall the markets remained inconsistent in the last gone by week and overall it was negative trend that had upper hand during the past week and despite that our subscribers using the paid trading tips made money as our calls perform irrespective of the condition in the market and this all happens with in the first 2 hours of the day itself.If you are ready to make money than just visit the said link and be on the path to attain financial freedom. The market breadth was negative with over 1800 stocks losing ground versus 1047 gainers on the BSE. The letter to government from Reliance Industries that gas output from the KG-D6 block may decline sharply in FY13; pulled the markets significantly and increasing crude price due to Libya trouble added to negativity in the market. Reliance Industries is expecting production as low as 38 mmscmd during the 2012-13 fiscal from D1 and D3 fields in the block. Wikileaks India may be another nail in the coffin of present govt and is causing a strain for the market as Indian markets ended below psychological support on last Friday due opposition demanding the resignation of Prime Minister and it has increased the political uncertainties in the market. Not to worry as India’s growth story is intact with India's tax collection jumping 26% till Mar 12. Nifty is likely to find a solid support at 5200 level on the lower side and thus keep the given levels for support and resistance under consideration before taking an exposure in Nifty.
We are glad that Prime Minister has asked for slashing of stamp duty which will help one to check flow of black money into real estate sector Reality players have welcomed the said proposal as it will help to bring the requisite transparency in the system.
Globally Group of Seven (G-7) Finance ministers agreed to intervene in the foreign-exchange market for the first time in more than a decade to stabilize the yen. investors cheered the G7 nations' decision to support the Japanese economy. The euro jumped to a fresh 4-month high versus the dollar on Friday, as traders continued to bet European Central Bank will hike rates next month. Remember there is never one cockrocah in the cupboard and Libya trouble will now lead to unrest in Yemen, Syria and Bahrain. However we are glad that democratic setup will take place in lieu of monarchy and must say that social media sites like Facebook and Twiter hve played a key role in helping the protestors by keeping them updated with the latest news.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5300-5241 | 5500 |
Sensex | 17735-17516 | 18250 |
Stock | Profit (Rs) |
Tip | 1320 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 28470 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 42590 |
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Strong future shares at National stock exchange
Mcleodruss, OnMobile, Rel Capital, Welcorp, Escorts, MRF, Apollo Tyre, Ambuja Cement, ABB & Oriental Bank.
Weak future stocks at NSE
Mphasis, Patel Eng, S Kumars, Areva, Pantaloon R, Punjlloyd, GVKPIL, LITL, Educomp & Jindal SWHL.
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