The move of the central banks to provide loans to the debt-ridden European banks was cheered by the markets and we had a market which had opened with a huge gap up. Now it needs to be seen if this gap will be filled or not. The overall market breadth remained extremely positive today. Out of a total of 3250 stocks traded on the BSE, 1946 advanced, 1182 declined and 122 remained unchanged. With this positive attitude trend in the market it makes sense to trade with sure calls and make money making a daily habit while trading either at NSE, BSE or MCX or NCDEX. Trade with confidence with reliable and accurate info and profit will automatically flow in your pocket. We are optimistic that December will bring good cheers for stock market traders in form of bullishness as we foresee RBI not tinkering with any of the rates which will definitely give a boost to banking and finance sector. However bullishness will not commence till the psychological barrier of Nifty 5000 is not broken on closing basis for 3 consecutive days. Tomorrow we need to watch if level of 4900 is held or not and if held we will see positive movement in the market. If Level of 4900 goes than Nifty finds support at 4850.
It is good that the govt is taking a stand in life and let it be FDI only. They have ruled out any rollback of the policy to allow foreign investment in multi-brand retail in the country and they have stated that it would issue the guidelines in due course. The info has come straight from the horses mouth i.e. Secretary of the Department of Industrial Policy and Promotion (DIPP) PK Chaudhery who without mincing words has stated that rules would be framed which will answer the issues raised and the final decision will be taken by the Cabinet.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4900-4870-4750 | 5000-5012 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 2940 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 43970 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 67680 |
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Strong future shares at National stock exchange
Patni, Pantaloon, Apollo Tyre, Hind Zinc, Cipla, Zeel, Havells, Tata Chem, PFC & OnMobile.
Weak future stocks at NSE
Renuka, Welcorp, HDIL, EKC, Adanient, Suzlon, PTC, Delta Crop, NCC & Triveni.
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