The daily trend of Nifty remains in Up trend till the time the level of 5200 is respected. Presently Nifty is struck in a trading range between 5250 and we can see Nifty rising to the levels of 5270 where it faces fierce resistance. However if this level is overcome with volume than we are going to see Nifty rallying to the level of 5300-5400-5450 level. BSE market breadth was marginally positive. Out of 2,817 stocks traded, 1,508 shares advanced while 1,179 shares declined.
If you are ambitious and want to make money in intraday trading, than you can afford to check the hot stock of the day as this is the stock where action is happening in the market and real traders trade in a guided manner and make money in hoards as aim is to have the right information before the whole world comes to know about it.
Safe investors can slowly accumulate healthcare and FMCG sector stocks at lower levels as one knows that if economy goes in dumps than more health problems will arise due to mental pressure and irrespective of any kind of economy state, people will not stop using bathing soap or as a matter of fact stop eating. Thus in times of poor economy state, one can be present in these stocks with a long term horizon.
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Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5210-5200-5170 | 5250-5270 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1940 (Rs 50,000 Trading) |
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Intraday Trading Tips
Share | Gains (Rs) |
Tips | 38570 |
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Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 79340 |
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Strong future shares at National stock exchange
MTNL, TTK Prestige, Zeel, Grasim, Cipla, Ambuja Cement, Tata Global, Dish TV, Reclted & MC Dowell.
Weak future stocks at NSE
S Kumar, BEML, Union Bank, RCOM, Adanient, Alok Text, IOB, Welcorp, Bank Of India & Escorts.
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