The market is playing hide and seek game and thus Nifty will gyrate between 4800 and 4900 levels which are acting as stiff support and resistance for the market.
As a strategy one can go long above 4900 level and can go short below 4800 level and all those who are looking to make money with intraday trading can make use of accurate hot stocks of the day which make money for a large elite traders. The analysis of overall breadth for BSE shows that 1,406 stocks advanced while 1,291 stocks declined.
Though apparently it appears that bulls may have had wrest control but analysis of select momentum oscillators on the daily charts shows that bears may gain control in case Nifty is not able to close above 4900 level on closing basis for three consecutive days.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 4845-4830-4845 | 4904-4940-5000 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 3230 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 59280 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 103670 |
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Strong future shares at National stock exchange
S Kumars, Dena Bank, Mcleodruss, Divis Lab, IGL, SBI, UCO Bank, Adani Ports, Bank of India & BF Utilities.
Weak future stocks at NSE
OnMobile, Tata Motors, IVRCL Infra, Suzlon, BEML, Educomp, NCC, Orchid Chem, Nagar Oil & Adani Power.
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