As stated yesterday Yo- Yo action is on in the market and Nifty/Sensex is dancing to the global financial market and that is the reason we are seeing one day up and other day down. Nifty is likely to move in a broad range of 4700-5300 and it encounters stiff resistance at 5200 as it has maximum call open interest (OI) and support at the 4981 - 5000 levels as these are likely to be the points from where bounce back can take place. One need to analyse the open interest (OI) in the 5200-strike call options through sell-side trades and it shows that 5200 is going to be a stiff resistance.
We hope to see tomorrow a positive opening on account of good news prevailing in global markets that Fugitive Libyan dictator Muammar Qaddafi was killed in fighting around his hometown and same has been confirmed by Libya's prime minister ending hours of speculation surrounding his death. Thus it is ideal to trade with sure stock tips and make money before the end of market closing as profit in hand is the actual profit.
Derivative Market F&O Expiry Update
The October series will expire on Tuesday as the market is closed on Wednesday on account of Muhurat trading and on Thursday for Diwali. We wish our readers Happy Diwali before hand and wish that it brings prosperity and fulfills their all wishes.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5000 | 5200 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 930 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 18760 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 34970 |
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Strong future shares at National stock exchange
Patni, Tata Motors, Bombay Dyeing, Arvind, TVS Motor, IDFC, JP Power, Praj Ind, Infy & Moser Baer.
Weak future stocks at NSE
Nagar Fert, Rolta, Pantaloon, GT Offshore, Jain Irriration, Exide Ind, Chambal Fert, Dhan Bank, GVKPIL & Voltas.
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