Indian markets are embracing hurdles every day and March IIP data was no different which has showed that slowdown is occurring in the Indian economy. Now Indian Market is surviving on factor hope which hinges on the hopes that the RBI may ease key policy rates next month. We do not believe in making trading decisions based on hope and we advise traders to find a stable platform which helps to make money like it has been doing so for us by our trading the hot stocks of the day.
As of now the bias is prevailing negatively in stock market as momentum oscillators remains unfavourable for positive bias and thus in the downward journey of Nifty; we may see Nifty touching 4855 levels with short term bounce backs which will be met with profit taking at the higher levels of 5100 which is going to act as stiff resistance. The last closing day saw 1772 stocks decline as compared to 978 advances on BSE.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4916-4849 | 5000-5076-5101 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1410 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 22490 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 69300 |
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Strong future shares at National stock exchange
Colpal, Asian Paint, Bhushan Steel, BPCL, Bata India, Hind Uni Lvr, TCS, Titan, Ruchi Soya & Patni.
Weak future stocks at NSE
NCC, GMR Infra, GVKPIL, Unitech, Sintex, HDIL, LITL, Adani Power, Rolta & India Info.
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