Daily Intraday trading stocks tip |12 Jan 2009

1. Indian Share market Tip: India is plagued by scams which occur every 8 years starting from 1992 (Harshad Mehta) , 2000 ( Ketan parekh) and now 2008 (Satyam Scam). Well public has short memory as in year 2000 also Satyam was party to Ketan Parekh scam. I wonder that how come none thought that why more than 5300 Crore rupee is lying idle in current account and is not in a fixed deposit for all these quarters. Nonetheless market sentiment is down courtesy Satyam Scam and thus BSE Sensex support exists at 9100 and BSE resistance exists at 9717 to be precise. NSE Nifty support exists at 2800 and NSE Nifty resistance exists at 3000 level which is a psychological level. One can read the weekly update for Indian Stock Market  update and can be informed of the likely prevailing trend in national and global markets. Readers are querying regarding Satyam purchase which is a high risk high category stock and our readers can refrain from buying in this tainted stock as it can also become a worthless piece of paper as Infosys has clearly stated that it will not touch a tainted company. 


2. Profitable Indian Stock Tips Results: Infosys profit from the tip was Rs 7500, Hind Uni Lever gains in a single day by day trading was Rs 1700. Single sell recommendation for the stocks was given in these days and it gave the returns of Rs 3500. SBI and Bajaj Hind did not reach the entry price and thus the trade was not executed.

3. Tips which generate profit in stock market: I am sticking to suggestion of a reader to stick to maximum 5-6 recommendations for day trading and same are listed which is not in order of priority. However one can get more tips for Indian heavy Weight Stock Tips to make money in stocks like SBI, Reliance, ONGC etc.
Buy Infosys>1215.1,1256,1266 sl 1209
Buy Maruti>586.1,590,596,599.9 Sl 581.8
Buy IDFC>61.1,64.3 sl 59.8
Buy TCS>541.1,549,562,575 sl 535.8
Buy NTPC>180.3,183,187 sl 177.8
Buy Hind Uni Lever>265.2,270 sl 262.8



4. Online share trading tips for strong futures
Gujrat Alkali
Grasim
India Cem
Neyveli
Maruti
Can Bk
Balram Chini
Ultra Cem
Shree Cem
BEL

5. Online Stock trading tip for Weak Futures
LITL
Punj Lloyd
IVRCL Infrast
Ansal Infra
TVS Motors
Bombay Dyeing
Strides Arcolab
DLF
HDIL
R Com