The Nifty is in a state of consolidation and in short term will trade between 5320-5000 levels. As we can see above in chart that shorter term period i.e. hourly momentum indicators are in an oversold zone and have given a buy signal and thus a positive move is being seen in short term. Nifty has to move above the psychological barrier of 5100 as call writers remain active at 5200 and 5100 strikes. Barring MACD (Moving Average Convergence/Divergence), select momentum oscillators such as Relative Strength Index (RSI) and Stochastic Slow, are favouring an up move. Thus make use of the accurate stock tips and trade with confidence every day that you are going to make money in the market and be in the league with group which makes money every day in the market.
The long term investors have a golden chance to enter in the market as markets have considerably corrected and are likely to consolidate for some time. The risk-reward ratio has become more favourable for a long term investor and one must make entry in selective stocks to get into the market. When we say long term we have reduced the holding period significantly through our delivery tips where it is just a matter of few days and one reaps hefty returns by virtue of breakout in the stocks and individuals being already in the stock before the party got started in the stock.
As a free advice do not blindly short the reality sector as a dead cat bounce back may be seen in the stocks by virtue of short-covering. The Nifty is likely to consolidate in the broad trading band of 4850- 5300. BSE market breadth was negative; out of 2,948 stocks traded, 1,954 declined while 894 advanced.
Commodity Tips
Gold is having a dream run by virtue of flight of investors towards safe heavens due to US economy downgrade and global financial markets upheveal. Today Gold prices on surged further by Rs 430 to touch an all-time high of Rs 26,680 per 10 grams, tracking firm trends in the global markets where adverse economic conditions boosted the metal's appeal as a protection of wealth. Silver ready rose further by Rs 500 to Rs 60,700 per kg and weekly-based delivery advanced by Rs 580 to Rs 60,045 per kg.
Auto Market Update
The country's largest car-maker Maruti Suzuki India launched the new version of its premium hatchback Swift at an introductory price ranging from Rs 4.22 lakh to Rs 6.38 lakh.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5000-4778 | 5200-5250 |
| Sensex | 15986 | 17220-17300 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1375 (Rs 50,000 Trading) |
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Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 28650 |
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Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 46850 |
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Strong future shares at National stock exchange
Jubilant Food, Chambal Fert, Bata India, Vip Ind, Idea, Hero Motors, IGL, Ambuja Cement, Petronet & Asian Paints.
Weak future stocks at NSE
IVRCL Infra, Jet Airways, MLL, Moser Baer, FSL, KFA, Escorts, HDIL, Suzlon & Ibrealest.
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