Now it appears that D-day is about to arrive as just a couple of days remain for the RBI policy review and the market is now ready for a breakout. The market is already factoring 25 basis points hike. As of now Nifty is stuck in a narrow range of 5400-5600 and same is also confirmed by derivatives analysis as put writing is seen at 5400 with call writing at 5500 strike price. Thus be ready to make money with best intraday stock tips If Nifty is able to sustain above 5530 we may see a technical bounce back with support at 5450-5350. On the positive side market breadth was strong. Out of 2,964 stocks traded on the BSE, there were 1,620 advancing stocks as against 1,210 declines.
On the oil price hike Jaipal Reddy has already met Prime Minister Manmohan Singh to push for an early decision on raising diesel and domestic LPG prices. The point to be noted is that more than 450 cr per day is being lost by state-owned oil firms on selling subsidied diesel, domestic LPG and kerosene.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5350-5485 | 5564-5600 |
Sensex | 18000-18260 | 18360 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 770 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 18560 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 35860 |
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Strong future shares at National stock exchange
Punjlloyd, Titan, Karnataka Bank, Bata India, Max India, Alok Ind, Dish TV, Raymond, IRB & Divis Lab.
Weak future stocks at NSE
Sun TV, KS Oils, Bhushan Steel, Tata Motors, DCHL, Escorts, LITL, STR Tech, Jain Irrigation & BEML
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