NSE Daily Trading Tips which Make Money : 24 Oct 2011

Nifty is likely to show positive trend on Monday in wake of bullish trend being exhibited by global indices. Globally now investors and traders are optimistic that world debt crisis situation is likely to be resolved by signing of key agreements. As a matter of fact genuinely, we see Nifty being in a range between 4900- 5200 in the days to come and market will get a boost once it crosses above the level of 5100 and 4980 is going to act as a major support for the index. Positive triggers from global markets are going to take Nifty in positive direction and that is the reason one should make the profit by trading with hot stock of the day as stock specific activity is the order of the day. Options activity is also suggesting range-bound trading for the next few days to come and this range is likely to be between 4800-5200. Till the time Nifty remains above 4980 level, it will remain in uptrend. Once Nifty crosses 5200 mark on closing a fresh bullish trend will commence in the market.

As of now due to uncertainty prevalent in global market, its breadth was weak on last Friday. Out of 2920 stocks traded on the Bombay stock exchange (BSE), there were 1122 advancing stocks as against 1674 declines. As a free Nifty trading strategy exit all your longs if the level of 4980 is broken during intraday trading and go long in Nifty above 5100 for 80 points gain in each trading strategy.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	4980-5000	5100-5174-5203

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1420 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	24980

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	53490

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Strong future shares at National stock exchange

Moser Baer, Raymond, Patni computers, TVS Motor, Bombay Dyeing, Arvind, Balrampur Chini, Infy, Tata Motors & Escorts.

Weak future stocks  at NSE

Nagarjuna Fertilisers, Jain Irrigation, Pantaloon, Dhan Bank, Exide Ind, GT Offshore, Voltas, Rolta, EKC & SCI.

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