The daily trend of nifty is in Up trend and will remain so till the time Nifty sustains above the level of 5000 mark. The market appears to be stretched in this rally and thus we may see occasional profit booking as Nifty 5000 mark also happens to be a psychological barrier. Thus now is the right time to use the sure shot intraday tip for the day and make money like professionals in the market. The market breadth is as of now positive with 1,809 gainers and 982 losers on BSE.
It appears that now again market will consolidate with positive bias for some days and wait for positive outcome on 24 Jan for RBI to reduce the rates and if same happens in RBI credit policy review market may get a fresh bull up move as it will show the central bank of India having confidence in its economy to grow. However as a word all those positional traders can exit the stocks if it breaks the level of 4930 on closing basis.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5000-4930-4870 | 5067-5120 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 2930 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 42970 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 68880 |
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Strong future shares at National stock exchange
Adani, Orbit Corp, HDIL, Rel Infra, Adani Power, Aban Offshore, Unitech, Rel Capital, Jet Airways & VIP Ind.
Weak future stocks at NSE
IGL, Essar Oil, TCS, Infosys, Gail, Bajaj Auto, Gitanjali, Bajaj Holding, Oriental bank & M&M.
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