Market is up till the time the level of 4950 is respected by Nifty and thus one can be bullish and can make money at dallal street with sure intraday tips as it is important to be in the right stock at the right time. The BSE market breadth was positive with 1,481 stokcs on the advancing side and 1,329 on the declining side. Around 2,920 stocks were traded on the BSE today. All the derivatives traders keep a vigil on the level of Nifty 5080 in the futures market, which if crossed means that Nifty futures will head for another rally. Thus ideal stocks which one can buy in 2011 are in telecommunication sector and access levels at which you have to enter in recommended stocks here. All those high risk category can go for scam tainted companies in 2G spectrum now as these companies are going to get an exit route, once they agree to surrender their licence with 75% refund of their license fee. However this advice is only for high risk and high return category traders who can bear volatility.
Presently valuations are attractive and thus is the right time to create a portfolio in a systematic manner by using the swing stocks and get benefitted by virtue of staggered investments. Market is likely to be range bound for few days between a broad range of 4700-5300. One has to be careful moment Nifty breaks 5000 mark because than it finds support at 4950 level which if broken means that Nifty can fall to 4900-4800 levels.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4950 | 5120-5200 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1855 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 28790 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 47890 |
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Strong future shares at National stock exchange
Chambal Fert, Hero Motors, TVS Motor, Jubilant Food, Bajaj Auto, VIP Ind, Arvind, Mundra Port, Idea & M&M.
Weak future stocks at NSE
KS Oils, Educomp, Nagar Fertilisers, Moser Baer, Jet Airways, Polaris, Triveni Engg, IVRCL Infra, Escorts & Great Offshore.
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