First of all We Wish for Makar Sankranti, Pongal & Bihu & hope that the year ahead brings score full of happiness for all stock market traders. Technical analysis of Nifty suggests that till the time Nifty remains above the level of 4800, we will have Nifty being in an uptrend on daily intraday basis and it can during its up move can target the level of 4930 where it again encounters resistance.
However if Nifty breaks 4800 level, than a start of downtrend will start in the market and if moves past 4885 with volume, we are heading for 4930-5000 mar. So, make money with sure intraday tips which yields more than 3% profit on intraday basis.
Keep an eye on banking stocks as any move by RBI on 24 Jan to cut CRR rates will lead to an up move in the banking stocks sharply. As of now consensus is that RBI will keep the rates unchanged. However food inflation is considerably under control and RBI may in its credit policy review may reduce the interest rates to give fillip to the economy as current rate of interest are just abysmally high.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4800 | 4930-4946 |
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
GMR Infra, Triveni, Orbit Corp, WelCorp, HDIL, IVRCL, ABB, RCOM, KS Oils & Renuka.
Weak future stocks at NSE
Infosys, Bajaj Auto, TCS, Biocon, Hero Motors, Bajaj Holding, Gail, Gitanjali, TVS Motor & Lupin.
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