Bulls must have had heaved a sigh of relief as Nifty has gone in an upbeat mood. Nifty is now in an uptrend till the time Nifty is able to sustain above the level of 5500. Thus trade with guidance and make use of the specific trading ideas only and make money with free daily tips which performs irrespective of the condition in the market. The reports related to government tabling some key reform bills in parliament this week is helping market to get propelled in another zone. Fertiliser stocks have been in the limelight due to likely higher demand for fertilizer in the coming monsoon season. However just note that Nifty has gone up with a gap being created in the previous candle stick and thus profit booking is not ruled out at the higher levels.
Globally North East crisis is in a worrisome state for India which is dependent on imported oil. A 'no-fly zone' is being opposed by current government in Libya is opposing the same and thus uncertainty is prevailing in the market and we should just keep our fingers crossed that now crude stabilises else Indian market being at a valuation premium to the rest of its peers, maybe vulnerable to a correction over there.
Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5500 | 57240-5757 |
Sensex | 18500 | 19005-19202 |
Stock | Profit (Rs) |
Tip | 2730 (Rs 50,000 Trading) |
Share | Gains (Rs) |
Tips | 45780 |
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 62890 |
Click Here to Subscribe for Daily NSE Future and Option Tips
Strong future shares at National stock exchange
DCHL, DLF, Chamble Fert, Ambuja Cement, ABB, JP Associate, IDFC, Dish TV, Ashok Ley & ICICI Bank.
Weak future stocks at NSE
ONGC, Patel Eng, Mphasis, Punjlloyd, Mc Dowell, PTC, Ranbaxy, MLL, Sintex & GE Shipping.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our share tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.