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Indian Bull Market Analysis| Hot stocks Tip |09 Apr

Bull Market Analysis

It is definitely a heart warming rally at Bombay stock exchange and same has occured despite poor global cues and it indicates that there is now strength in the market and we can look forward to an up move as sideline investors and long term investors are now entering the market. BSEIndia index Sensex support is available at 10525 and resistance at 11295. NSEIndia index Nifty support exists at 3260 with resistance at 3451.

Indian Elections 2009 Concern

Indian elections in year 2009 is going for a hung parliament and unless some clarity exists one may see some profit booking occuring in next coming weeks and thus one may see a fall to the tune of 15% in the mkt from current levels. Thus one has to be eagle eyed to catch the downtrend and exit from mkt at right opportune moment. One can exit at all costs if Nifty 3149 is breached on the lower side. Till the time bulls are on rampage enjoy the upsurge.

Intraday share profit from tips

Reliance profit for the day is Rs 4800, Tata Power profit is Rs 2800, Electrotherm profit in stk mkt is Rs 990, Bombay dyeing returns is Rs 790ay Dyeing made money Rs 790, BEML produced Rs 2680. Infosys made easy money Rs 955, ACC gains from stock tip Rs 300, Aban brought in terms of easy dollars Rs 2780, ABB gainz for the day Rs 880 and Siemens tremendous profit is Rs 1390 for every 100 shares traded as per the given tip. Bhel did not reach the entry price and thus the trade was not executed.

Intraday share tips India to make money

Buy Reliance>1751.1,1774,1799 sl 1738.8
Buy Tata Power>881.1,889,898 sl 877.8
Buy Electrotherm>118.1,122,127 sl 113
Buy Bombay Dyeing>186.1,189,195 sl 182.8
Buy Aban>441.1,445,449 sl 436.3
Buy Siemens>286.1,289,291.9,299 sl 281.9

F&O tip at National Stock Exchange

Strong Futures
Essar Oil, Penin Land, Gitanjali, HDIL, Hind Oil Exp, JSW Steel, Nagar Fert, DCB, Bharat Forg & Nagar Const
Weak Futures
Wock Pharma, Sterling Bio, Colpal, Glaxo, Hind Petro, Dabur, Divi's Lab, Hind Unilvr, Canara Bank & PFC

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