Nifty is now at a make or break stage because closing below 5200 means that bears will gain an upper hand. A downward assault will be executed by bears if the level of 5170 is broken & Bears will take Nifty to 5100 levels. All global indices are in red on last closing and it can compound the problem for Sensex and Nifty on Monday morning if the level of 5200 is broken. Now is the right time to trade with accurate stock of the day and make money like professionals who make killing profit both in bearish and bullish markets. In intraday, it is easier to make good money in bearish markets as stocks fall with a thud whereas they rise in a slow and steady manner. A bullish trend will emerge in Nifty above 5230-5260 level. As of now Nifty is in downtrend.
Globally traders are waiting for S&P500 to break its 200 DMA which will provide a true direction to world markets and one will be able to see a breakout on either of the direction. The break of 1312 level in S&P500 needs to be monitored for confirmed cracking of all global markets. At home front we had broader markets ending marginally lower. Market breadth was negative with 1,659 losers and 1,165 gainers.
Click Here to Get Free Stock Market Tips & Free E-book in Email
Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200-5170-5150-5000 | 5230-5250-5350 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 2840 (Rs 50,000 Trading) |
Click for Daily Sure Shot Tip: Make Money Like Professionals
Intraday Trading Tips
Share | Gains (Rs) |
Tips | 32370 |
Click Here to Subscribe for Daily Intraday Money Making Tips
Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 85940 |
Click Here to Subscribe for Daily NSE Future and Option Tips
Strong future shares at National stock exchange
MC Dowell, Tata Comm, TTK Prestige, KTK Bank, Mcleodruss, TVS Motor, Divis Lab, Zeel, Mphasis & Dish TV.
Weak future stocks at NSE
Adanient, Guj Fluoro, Adani Power, Union Bank, BEML, Tata Motors, Infy, IVRCL Infra, Wipro & Central Bank.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our free Free Nifty Tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website. You can get more info on subject by searching at Google, Facebook, Yahoo or Bing by using the following search engine phrases to get an accurate and correct answer to your query.
Free Nifty Tips, Free Nifty Tips on mobile, Free Nifty Tips for tomorrow, Free Nifty Tips 100 accurate, Free Nifty Tips for today
If You Enjoyed This Post Please Take 5 Seconds To Share It.