Share Tips for Tomorrow : Make Money in Market : 15 Sep

As we can see in the above Nifty chart that short term uptrend is intact till the time the level of Nifty 5000 is maintained and best part is that Nifty has scaled past the 20-day moving average. The volume-based pullback today from the day’s low would see a fresh recovery into 5100 in the near future. However this uptrend has a maximum cap unto 5300 level. Thus make use of the opportunity and trade in hot stocks for tomorrow and make windfall gains with in the course of the day. We see Nifty consolidating between a range of 4900-5100 in the coming days.  BSE market breadth was positive as among 2,912 stocks traded, 1,527 advanced while 1,268 declined in trades.

It is good news that Nifty has been able to scale past the psychological barrier of 5000 mark, however one has to trade with caution as high inflation is mainly due to oil imports and high prices of other commodities. Thus we see that inflation may worsen further due to the sharp depreciation in the rupee in the past one week. Thus seeing the hawkish stance of Reserve Bank of India, we anticipate another rate cut to take the liquidity out of the banking system. Overall inflation, as measured by the Wholesale Price Index (WPI), stood at 9.22% in July. The rate of price rise stood at 8.87% in August, 2010.

Global Financial Market State and its Impact on Indian Stock Market

Moreover globally traders are awaiting the cues from the conference call between Greek Prime Minister George Papandreou, German Chancellor Angela Merkel and French President Nicolas Sarkozy to discuss the Greek debt crisis. finance ministers of the Brics countries will take a call on supporting the euro zone at a meeting in Washington later this month. Moody's Investors service has downgraded credit ratings of French banks, Societe Generale and Credit Agricole, by one-notch citing their exposure to Greece's debt. Thus seeing the negative scenario prevalent in the global market, we may see Sept series may lose support of 4,900 and can fall till the levels of 4835.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	4970-4950	5055-5080-5100

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1120 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	23770

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	39460

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Strong future shares at National stock exchange

Arvind, Ruchi Soya, Delta Corp, Hind Uni Lever, VIP Industries, Hero Motors, Max India, Ambuja Cement, TVS Motors & KS Oils.

Weak future stocks  at NSE

Nagar Fertilisers, Jet Airways, SBI, Tata Power, Moser Baer, Exide Ind, RPower, GT Offshore, Bajaj Hind & Pantaloon.

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