The Nifty is likely to consolidate before giving any decisive move and one need to keep an eye on the level of 5680 for a break to show confirmed bearish trend commencement as one may see beginning of selling below 5700 level. It is a matter of concern that Nifty has hit a new 30 minute low and thus breaking of 5700 level is a matter of concern. Stochastic slow and 14 days RSI have shown negative divergence on daily charts and thus trend appears to be mildly bearish on short term basis. Thus make use of the best sure stock of the day for intraday trading and trade wit profit with complete risk control mechanism in place.
The trading week is going to be a truncated week on account of the holidays on eve of Deepawali and we take the opportunity to wish our readers with a Happy and Prosperous Diwali. Check out Trading Holidays here.
Take care and make it a festival of lights and less of sound and make sure that children burn crackers under adults supervision. Enjoy the festival as any accident will not only spoil the spirit of the festival but can cause havoc with a life.
Support and Resistances for the Day
Indices | Support | Resistance |
Nifty | 5680-5658-5640-5585 | 5733-5780-5805 |
Jackpot Tip Profit
Stock | Profit (Rs) |
Tip | 1270 (Rs 50,000 Trading) |
Intraday Trading Tips
Share | Gains (Rs) |
Tips | 17460 |
Future and Options Daily Paid Tips
NSE Nifty 50 Stocks | Made Money (Rs) |
Tipz | 53850 |
Strong future shares at National stock exchange
Union Bank, Auro Pharma, KTK Bank, MC Dowell, Unitech, Biocon, IDBI, Pantaloon, Tata Global & Idea.
Weak future stocks at NSE
CESC, Cromp Greav, Bharat Forge, Guj Fluoro, Wipro, IRB, Apollo Tyres, Bata India, Rel Infra & India Cem.
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