The consolidation phase is going in the market and Nifty I getting for a big move in either of the directions as Nifty is likely to gyrate with in a broad range of 4719-5500 and any break of these levels will tell the traders that the real bull or bearish trend has commenced in the market. We can squeeze this broad range to a narrow range to the levels of 5200-5320 which can also act as make or break levels. If we analyse the previous week FIIS data we realise that FIIS are buyers when DIIs sell and vice versa is also true. This divergence action needs to be deliberated by either of the them. It means that either one of them is going against the trend or are DIIS too quick in booking profits. Thus to make use of this divergence to your advantage trade with sure stocks and make money irrespective of the movement in the market and do not worry about the DIIS or FIIs as the classified information matters the most for making money in the market. Thus all is well in the market till Nifty 5200 level is maintained in the market on closing basis and Nifty will target 5320 levels.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200 | 5324-5410-5485 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1120 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 23980 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 43640 |
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Strong future shares at National stock exchange
Hind Uni Lvr, Jindal Saw, Uco Bank, Moser Baer, Bombay Dyeing, RPower, Tata Motors, Escorts, Raymond & Vijaya Bank.
Weak future stocks at NSE
EKC, Jain Irrigation, DCHL, NCC, GVKPIL, Pantaloon, Union Bank, S Kumars, Welcorp & Voltas.
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