As we had stated yesterday that we are going to see a positive move today and same happened with Nifty hitting 7-month high and this is attributable to approval for Greek's second debt deal. So, as of now the daily trend of Nifty remains in Up trend and is further confirmed by move of the Nifty above the level of 5600 on closing basis. Till the time Nifty sustains above the level of 5500, we are in for a continous positive move in the market and Nifty is headed for 5700 levels. Analysis of options data suggests that aggressive put writing is going on which is an indicator that a positive bias will continue in the market. Make money at the right time by using the most active stocks of the day and trade like professionals.
Impact of Elections & Budget
March is going to be a month to be watched. Positive budget and present govt in Centre winning in elections in states is going to push the Nifty to higher platform where it can move beyond 6000 levels. However we may see some consolidation before the big move occurs.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5560-5540-5500 | 5650-5700 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 2440 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 41930 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 78690 |
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Strong future shares at National stock exchange
HDIL, LITL, BGR Energy, IFCI, Unitech, JSW Energy, HCC, PTC, Rpower & India Info.
Weak future stocks at NSE
Tulip, Cipla, GSPL, Video Ind, IGL, Hind Uni Lvr, Divis Lab, BRFL, Coal India & Gail.
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