It is a cheer time as with todays rally the trend has changed from downtrend to uptrend and we had clearly stated in our previous posts that Nifty will provide a breakout above the level of 4800. This rally was backed by the global cues which were positive. Now if Nifty is able to sustain above the level of 4850 on the closing basis, we are going to see Nifty rallying past 4900 levels and will try to kiss 5000 mark. A fresh leg of bullishness will start in market with Nifty crossing above 4880 level.
During its bullish mode journey it encounters stiff resistance at 4950 and has strong support at 4700 level. So do not miss the profit party and make money in just 2 hours by day trading with the hot share of the day and make money like professionals. Are you ready for it! In coming days ahead market is likely to get the direction from Infosys results on Thursday and not to forget the RBI credit policy which is due shortly. The market breadth, which indicates the overall health of the market, remained extremely positive today. Out of a total of 3242 stocks traded on the BSE, 2418 advanced and 713 declined, while 111 remained unchanged.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4800 | 4863-4930-4946 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 4220 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 46170 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 79680 |
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Strong future shares at National stock exchange
GMR Infra, GVKPIL, Orbit Corp, WelCorp, IVRCL, Rolta, JSW Steel, Sterlite, Polaris & RCOM.
Weak future stocks at NSE
Bajaj Auto, Adanient, TVS Motor, Hind Petrol, VIP Ind, Dish TV, Hero Motors, Bharti Artl, Sintex & Ruchi Soya.
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