An indecision is prevalent between the bulls and bears and break of Nifty 5200-5175 level means that we are heading for 5000 mark or lower. The daily trend of Nifty is in Down trend. However if the Nifty is able to move past 5300-5330 level, than bulls will have an upper hand.
Nifty will stage a comeback if Reserve Bank of India cuts its repo rate on 17 April 2012 in an attempt to lift sagging economic growth. We expect that RBI will cut the repo rate by 25 basis points to 8.25 percent and this is going to give a boost to the sentiments. Thus ideal stock is to trade in accurate tip and make money like thorough professionals as every day we have stock specific action in the market. The upcoming Q4 earning result and IIP data will be under watch in addition to RBI credit policy meet. As on last trading day on Tuesday we saw market breadth ending weak with 1,430 losers and 1,339 gainers on the BSE.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200-5175-5135 | 5275-5300 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1330 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 19350 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 46590 |
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Strong future shares at National stock exchange
MC Dowell, VIP Ind, Yes Bank, IVRCL Infra, Voltas, Godrej Ind, Tech M, Bata India, Mcleodruss & Unitech.
Weak future stocks at NSE
IGL, Opto Circuit, Suzlon, Jindal Steel, BEML, SRE Infra, Praj Ind, GSPL, Sterlite & Sesa Goa.
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