Bulls are in control in the market and daily trend of Nifty is in Up trend and we are heading for 5450 levels provided the level of 5379 is held in market. Nifty will remain bullish above 5400 levels and can target 5550 levels provided 5450 is taken with volumes.
We presently have stock specific opportunities emerging in market in form of hot stock of the day and now the onus lies on the traders to capitalise the same to make profit in the market and make loss making habit a thin of past.
The broader markets ended flat. The overall breadth was positive as neutral as 1,504 stocks advanced while 1,355 declined. However as a thumb rule keep the level of Nifty 5300 under watch and exit all longs if this level is broken at any stage in the market.
Health of Global markets
European shares and the euro edged higher on Tuesday on optimism that meetings on Greece's future and a strategy being drawn up by the European Central Bank will lead to progress in solving the euro zone debt crisis. Now VIX level is at a comfortable level worldwide as traders have a strong inclination and hope that central banks will definitely jump to save the day in case anything disastrous happens for the economy.
Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5379-5320-5300 | 5450 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1830 (Rs 50,000 Trading) |
Intraday Trading Tips
Share | Gains (Rs) |
Tips | 34630 |
Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 78450 |
Strong future shares at National stock exchange
MC Dowell, Apollo Tyre, Tech Mahindra, MRPL, Balrampur Ch, MTNL, Hind Zinc, Finan Tech, Tata MTR DVR & Hind Uni Lvr.
Weak future stocks at NSE
BEML, S Kumars, Jain Irrigation, Bharti Artl, GMR Infra, Ibrealest, Canara Bank, Uniphos, Patel Eng & KTK Bank.
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