The daily trend of Nifty remains in uptrend and the positivity is maintained till the time the level of 5200-5170 is protected on the closing basis. The finance portfolio being with Prime Minister is again sending positive signals to the Fiis and to maintain the momentum, the govt has to undertake a dedicated effort by showing a continous growth oriented strategies and should avoid knee jerk actions. So, cash on with positive sentiment generated in the market by trading with hot stock of the day and make money every day like professionals. Keep a watch above Nifty 5280 for bulls to take control in the market.
Now it appears that market is tired and a rumour like rate cut by RBI in its upcoming meeting can give a boost to the market. Since the movement in Nifty during the course of the day is limited and it is an indication that market is consolidating and is waiting for a correct trigger to move either in positive direction or negative direction in a big way after break of crucial support or resistances. Market breadth ended negative with 1,474 declines and 1,304 gainers on the Bombay Stock Exchange.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5200-5170 | 5280-5330-5350 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1130 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 14490 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 39650 |
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Strong future shares at National stock exchange
TVS Motor, KTK Bank, Triveni, MC Dowell, 3I Infotech, Bajaj Hind, BF Utilities, Jindal SWHL, Aban & Punjlloyd.
Weak future stocks at NSE
KFA, Infy, Wipro, Hexaware, DCHL, Moser Baer, IVRCL Infra, BEML, National Alum & Guj Flouroch.
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