Good news the major hurdle in market is overcome with crossing of the level of 5400. So, we have daily trend of Nifty is in Up trend and we can be long in the market till the time the level of 5400 is maintained. This is first time with in 25-week highs we have Nifty crossing the level of 5400 mark. Now we may see some consolidation in the market for coming days as technical indicators like momentum oscillators are showing some signs of tiredness. However if Nifty sustains above 5400 mark we will see Nifty touching the levels of 5480. Thus trade with accurate share of the day and make money like a professional by booking the profit with in the day itself.
The market breadth, which indicates the overall health of the market, was positive. Out of a total of 3340 stocks traded on the BSE, 2063 advanced, 1150 declined and 127 remained unchanged. Just remember that UP election results will have an effect on the stock market which will be ignited by the budget.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5339 | 5435-5482 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1330 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 25940 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 48750 |
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Strong future shares at National stock exchange
Jet Airways, IFCI, HDIL, Dena Bank, IVRCL Infra, Rel Capital, EKC, JSW Steel, RECLTD & Suzlon.
Weak future stocks at NSE
Adani Power, IGL, Video Ind, Bharti Artl, Divis lab, Tulip, Bhel, IOC, DR Reddy & ITC.
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