Indian stock market has got a Santa Claus rally and this rally is likely to continue till F&O expiry and we are heading for the 4800+ levels in the Nifty. Thus now is the ideal time to trade in hot intraday stocks and make money while the sun shines on the Indian market horizon.
As of now a base has been established at the level of 4600 and a resistance is established at the level of 4800-4900 level and maximum this rally will fizzle by 5000 mark. However the trend in shorter term is positive as market breadth on the BSE was strong with 1,735 shares gaining and 971 shares declining. IT shares gained on the back of better than- expected economic data released in the US Friday. US is the biggest market for IT companies.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4720 | 4815-4862 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1940 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 33970 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 57680 |
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Strong future shares at National stock exchange
Tata Comm, Sun TV, GVKPIL, Hind Uni Lvr, Cairn, BRFL, Tata Motors, TCS, Grasim & Dabur India.
Weak future stocks at NSE
Jain Irrigation, Jet Airways, Syndicate Bank, EKC, Essar Oil, BGR Energy, Pantaloon, Apil, VIP Ind & Renuka.
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