Share Market Tips to Recover Your Market Loss : 10 June

Market has been range bound and thus arriving at the conclusion for the correct trend of the market is as difficult for a technical analyst as for you or as a matter of fact for any trader. Thus one can arrive at the correct conclusion only once the range of 5400-5640 is broken. One will have to keep an eye on industrial output data tomorrow which will provide the direction to market on short term basis. Thus trade with hot tips and make money making a daily habit in Indian share market.

Analysis of past 2 weeks suggest a range bound in the key indices and is trending with negative bias and thus we may see it taking support at 5400. On the positive side if Nifty is able to scale the wall of 5640 we may see 5700-5800 levels which appears to be the peak. A correct data availability for monsoons can now give the correct direction of movement to the market as a good monsoon can only tame the food inflation.

As it is buying has been seen in capital goods stocks ahead of the industrial output data tomorrow.The market breadth is slightly negative as1388 stocks advanced, while 1402 stocks declined at BSE. It is no doubt that govt and RBI will be taking tough actions to keep India getting into recession. As it is food inflation picked up to 9.1% from a year earlier for the week ended May 28, higher than 8.55% recorded in the previous week and thus it is confirmed that further monetary tightening is going to take place. Prime Minister’s economic advisor Kaushik Basu stated that petroleum product prices need to be hiked in order to maintain the FY12 fiscal deficit target and also said that inflation for March 2012 would be 6.5% weighed on investor sentiment.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5500-5450-5375-5177	5560-5600-5640-5800
Sensex	18334-18229	18525-18740

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1130 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	19560

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	47900

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Strong future shares at National stock exchange

Dish TV, Bata India, Titan, Karnataka Bank, HDIL, Patel Eng, Havells, Raymond, IDEA & MRPL.

Weak future stocks  at NSE

Sun TV, KS Oils, DCHL, Tata Motors, GMR Infra, Jain Irrigation, LITL, ONGC, Hindalco & Pir Health.

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