Stock of the Day to Buy & Make Money : 29 Sep

Nifty had reclaimed the 5,000 mark and touched a high of 5,006 in opening trades, before having slipped into the red shortly and now on the euro zone worries again surfacing Nifty is likely to settle near 4900 with high being topped at 5040 mark on the F&O expiry day. We do not see much steam in this rally. We expect Nifty to cool off from these levels to take support around 4900 levels and thus it makes sense to make use of the best stock picks and make money with day trading and use the volatility to own advantage as more the volatility more is the profit in market. This rally was mostly short-covering and partly due to some long positions created on the back of global cues, Eurozone primarily. The analysis of derivatives data suggest that support exists at 4890-4865 and resistance at  4955-4975-5000 levels.

Now is the right opportunity to enter in the market as a systematic investment plan as market has bottomed out and at most it can fall maximum 10% more from present levels if 4750 level is breached and in that scenario it can fall till 4350 levels. Thus it makes sense to trade in short term delivery tips and get benefit of holding in short period of duration.  The overall market breadth was negative as 1,759 stocks declined against 1,045 advancing ones, on the Bombay Stock Exchange. Just remember that gold is the ideal bet in high rates of inflation and you can read more articles on gold underneath this post and this has been given on the eve of auspicious Navratras commencing and it holds a lot of significance for Indians.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	4885	4955-4975-5000-5037-5095

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1230 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	23970

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	47560

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Strong future shares at National stock exchange

Ruchi Soya, Hexaware, DLF, Arvind, Bombay Dyeing, Jindal Saw, Mundra Port, Indian Bank, Infy & Canara Bank.

Weak future stocks  at NSE

Pantaloon, Jindal SWHL, JSW Steel, Fortis, IVRCL Infra, IFCI, Chambal Fert, Balrampur Ch, Orchid Chem & Sun TV.

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