The coming week holds importance as it is going to be a F&O expiry week and thus one can see short covering occurring in the market if the level of 5400 is maintained. If Nifty 5400 level is broken, than one can short the Nifty for it to fall to the level of 5340 where Nifty will get requisite support for a bounce back.
One can make daily money with market tips as one gets an expert on their side to guide them through the treacherous journey of stock market jungle. As of now good value picks are available in the market and all those with investment horizon for some reasonable time can enter in the market as downside is limited from these levels as presently inflation is one factor which is keeping the market in a range bound movement. Max 5-10% fall risk is visible with tremendous upside as one of the brokerage houses sees Sensex at 30000 levels by next year end which is a great opportunity gain.
L&T, the bellwether engineering firm whose shares were trading sideways for the past few weeks, saw continuous buying interest post announcement of its results on Friday and now brokerage firms are coming with a target of 2000+ for the stock. No doubt Larsen & Toubro is also a force to reckon with among the plethora of stocks and shares listed on the stock exchanges. Royal Bank of Scotland and Goldman Sachs have re-rated the stock on positive side. Overall market breadth was positive on the BSE with 1534 gainers as compared to 1286 losers.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5400-5348 | 5609 |
Sensex | 18150 | 18705 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1120 |
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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 | 45890 |
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Strong future shares at National stock exchange
Asian Paints, Hind Uni Lvr, Ranbaxy, Mundra Port, L&T, Titan, Bata India, Exide Ind, OFSS & Hero Honda.
Weak future stocks at NSE
Patni, Jindal Saw, Rel Media, SBI, GT Offshore, Punjlloyd, BalramPur Ch, Rcom, LITL & DCHL.
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