Nifty is in bullish mode till the time the level of Nifty 5130 is protected. We are likely to see Nifty resistance at 5254-5270-5300-5330 level which if crossed a fresh bull leg will start in the market which in first phase will hit 5385 level. Now important level to watch is 200 weekly moving average which stands near ready to be conquered at 5255 level. Thus make use of the ongoing bull market and make money with sure shot multibagger stocks and make money like professionals in intraday trading.
If we go by data of FIIS we can have a rosy picture in days to come as analysis of FIIs flow in the month of Jan 2012 has beaten all records as overseas investors poured in over Rs 26,000 crore (USD 5.08 billion) in Indian markets. This is the highest one-month net inflow in past 16 months and same can be attributed to improvement in the sentiments which is further attributable to easing inflation concerns and attractive valuations.
The market breadth, which indicates the overall health of the market, was extremely positive by the end of the day. Out of a total of 3291 stocks traded on the BSE, 2095 advanced, 1081 declined and 115 remained unchanged.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200 | 5300-5385 |
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
IVRCL Infra, NCC, Suzlon, Rel Infra, IFCI, GVKPIL, JSW Energy, Renuka, Union Bank & Adanient
Weak future stocks at NSE
BEL, Video Ind, Coal India, Tulip, Hind Uni Lvr, Biocon, ITC, Apil, Ranbaxy & IOC.
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