As suggested in yesterday post, Indian market rose sharply today, extending last week's 2 percent rally, as a further decline in international crude prices and the government's bold move last week to increase fuel prices steeply to cut its subsidy burden boosted investor sentiment. In the commodity space, crude for August delivery is sliding $0.40 to $90.76 per barrel which means that India will be spared the burden of crude as it is one of the factor which can stall Indian economy and growth. Oil & Gas sector a major heavyweight in the Nifty was responsible for today's up move. The profit booking is not ruled out and uptrend lasts till the time level of 5450 is held as this rally can take the market to 5600 levels. Thus make sure that you are the part of the rally and are making money with sure tips intraday everyday.
If you see yesterday free post we had advised a few stocks/sectors which were going to make a big move and same happened in an exemplary manner and our free post for the day for 27 June 2011 is testimony for the same. Thus if you also want to make real money than make it a habit to go through the site once and for that you just you need to enter your email in the sidebar for free email updates.
Greece Situation
Greece's parliament started a debate on an unpopular austerity package today which international lenders are demanding to see approved to avert a debt default. The parliament is likely to adopt major budget reforms in a close vote, triggering an expanded installment of funding designed to prevent a wider sovereign debt crisis. A failure to pass the austerity measures may result in the country defaulting on its sovereign debt obligations and could fuel upheaval in the euro zone.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5500 | 5570-5659 |
Sensex | 18300 | 18563-18857 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 2640 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 46380 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 69760 |
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Strong future shares at National stock exchange
Dish TV, Hind Petro, Karnataka Bank, India Info, Godrej Ind, Yes bank, Adanient, L&T, Power Grid & BPCL
Weak future stocks at NSE
Titan, Global, GTL Infra, LITL, KS Oils, India Cement, GVKPIL, S Kumars, Tata Comm & Unitech.
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