Stock market tips:17 Oct 2008

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1. Trading Biz Opportunity: Global trend is weak and Indian stock market is mirroring the same witout even bothering for better IIP numbers. Nonetheless keep watch on Sensex breaking 10000 level and thereafter Sensex BSE will touch 9700 level. However 10,000 is a good psychological barrier. Similarily Sensex Bombay stock exchange encounters resistance at 11410. NSE Nifty enjoys the support at 3000-2907 levels and the resistance to Nifty National stock exchange exists at 3378-3411.

2. Profit from trade in BSE and NSE (Invest and make money):ICICI bank gave profit of Rs 900, Airtel gave profit of Rs 3000, Reliance sell gave the profit of Rs 17300, Larsen and Toubro gave profit of Rs 7000 and Union bank of India gave profit of Rs 970 for every 100 stocks traded as per the given advise. SBI opened near our first target and thus the stock tip was not to be traded.

3. Trading in stock market: Follow Strong Futures

Ubi
Bob
Sbi
Gtl
Pnb
Obc
India overseas
Hind petrol
Bharat petro

4. Indian stock market Weak Futures

Niit
Welspun guj. st.
Suzlon energy
IVR prime
Ivrcl
Bajaj hind
Jsw steel
Ndtv
Nagarjuna constr.

5. Free Investment Advice for Nifty Intraday trading

Buy Bank of Baroda>322.1,328,340 sl 318.8
Buy Rolta>174.1,177.8,183 sl 169.8
Buy Bombay dyeing>244.1,249,263 sl 239.5
Buy BHEL>1365,1400 sl 1358.8 ( Long term investrs can buy this stock if it sustains above the level of Rs 1451)
Buy Union bank of India>162.1,164.8,168 sl 159.5

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