Get Market Tips & Expert Opinion:14 Oct 2008

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1. Projection NSE NIFTY, BSE Sensex: As advised yesterday market took a technical bounce and this is more of a pull back rally and will last for 2-3 days and if market do not cross its resistances as mentioned than a fall is in offing. BSE Sensex support exists at the level of 10999 and BSE Sensex resisitance exists at 11762-12231. Watch NSE Nifty level of 3300 as its 1. Support & NSE (Nifty) resistance exists at 3620-3702-3751 levels. Similarily if Nifty breaks 3199 level means disaster is again waiting to happen in Indian stock market. Best strategy for Indian stock market is wait and watch as of now or day trade and firmly close the position as advised. Trade in specific stocks after watching trend of Nifty as advised in the tool as given in the sidebar for Nifty "Interactive Live Nifty Chart: 5 Min, 20 Min, 50 Min, MACD, RSI, Stochastics"

2. Indian Stock Market Trading Tips & Advice: Gitanjali gems gave a profit of Rs 890, Escorts gave profit of Rs 330, M&M gave profit of Rs 6200, Tatachemical gave profit of RS 1190, UBI gave profit of Rs 780 and Ranbaxy gave profit of Rs 570 per 100 shares traded as per the advice rendered free for shares of India.

3. Strong Futures: Tips on Stock Market

Mosear Baer
Maruti
Bob
Sbin
Ubi
Indian bk
Bharat petro
Ntpc
Obc
Pnb

4. Weak Futures: Day Trade Tips

Bombay Dyeing
India infoline
Aban
Peninsula land
Nagarjuna Constructions
HDIL
Ivr prime
Welspun Guj St
Bajaj Hind
Niit

5. NSE BSE Market Tips

Buy Gitanjali gems> 125.1,134,140 sl 122 (can be held for 6 months)
Buy Tata Chem>170.5, 174, 180 sl 167.5 (can be held for 6 months).
Buy Union Bank>152.1,155,158 sl 149.5
Buy Power grid>94.1,100 sl 90.5
Buy Axis bank>675.1,700 sl 669.5
Buy Tata Steel>316.1,327 sl 313



Invest and make money with Power Grid as advised earlier. Do remember to use Instant Stock Analysis and price tool to make money from any stock.

Note: I have given an Update for IDFC stock investment her and point to note is that IDFC has given a jump of close to 20% in a single day.

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