The daily trend of Nifty remains in the down trend and business confidence index is also not showing any improvement. Now all eyes are on the RBI credit policy on 17 Apr and if RBI does not undertake a rate cut, than we are going to see Nifty 4850 levels.
Presently Nifty is moving in a very narrow range on day to day basis and traders and operators are keeping their fingers crossed till the RBI credit review and Nifty will not show any direction unless it breaks past 5330 level or breaks 5170 level. Thus ideal opportunity exists to trade with sure tip of the day and make money like professionals traders.
Overall breadth was negative as 1,539 stocks declined while 1,232 stocks gained. However with us, you need not worry as we make money in both bullish and bearish scenario. Analysis of momentum oscillators like the MACD, Stochastic Slow have turned bearish on the daily charts and thus one has to trade with an experts advice.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200-5170-5150 | 5275 –5300-5330 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1230 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 24980 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 45930 |
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Strong future shares at National stock exchange
VIP Ind, MC Dowell, Yes Bank, Welcorp, IVRCL Infra, Voltas, Tech M, Bata India, Jet Airways & Mcleodruss.
Weak future stocks at NSE
IGL, Jindal Steel, BEML, Opto Circuit, JSW Energy, GSPL, India Cement, Rel Capital, Sesa Goa & Sterlite.
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