As we had stated in our previous posts that Nifty is in a bullish grip above the level of 4800 and taking cues from yesterday Finance Minister statement which gives a hint that RBI may cut rates in its next credit policy review on 24 Jan and now Nifty remains in bullish zone till the time it remains above the level of 4930. So if Nifty sustains above 4950 level, we head for 5000 mark tomorrow.
Thus the ideal option for the traders is to trade with either short term perspective or trade with market tips for today for the day and make money like professionals as stock market trading is a Science which is to be executed with an art. The daily trend of Nifty remains in uptrend and same is supported by the closing prices of the stocks today. The likely targets of Nifty in this up move are 5000-5100 levels. However remember that there is no strength in the bull market and under no scenario it will break above the level of 5320. However be cautions as any break below 4950 may lead to some profit booking at higher levels. Now Nifty 5000 mark is a psychological barrier and its crossing with volumes will give a new lease of life to the bulls.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4930-4900-4800 | 5000-5067-5100 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1830 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 36870 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 59750 |
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Strong future shares at National stock exchange
Orbit Corp, HDIL, GMR Infra, Adani, ABB, NCC, Unitech, Jet Airways, IVRCL & Tata Steel.
Weak future stocks at NSE
Biocon, Bajaj Auto, TCS, Gail, Chambal Fert, Infosys, Gitanjali, TVS Motor, Rushi Soya & Tulip
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