The market is looking bearish and any uptrend till Nifty 4600 level should be used to exit from the stocks. Sensex has support at 14940 with resistance at 15480. NSE Nifty support exists at 4421 with resistance at 4450-4560-4600-4653. Even Baltic Dry Index is also indicating the weakness. One can read further about the Indian Stock Market Trend and factors affecting the same to make an informed decision. If the nifty support at 4419 is broken than one is likely to see Nifty levels which will act as support and resistance are as stated i.e. 4432-4386-4293-4260-4123-4110-3990-3974-3870-3600 levels. However be cautious tomorrow as a dead cat bounce may take place.
Stock Market Free tips Profit Analysis
Maruti sell tip generated a bonanza profit of Rs 6600 for every 100 shares traded as per the given tip. Buy tips did not reach the entry price due to weak trend in the market and thus those two shares namely Kotak bank and GE shipping were not traded.
Free Day Trading Tips
Buy BPCL>524.1,529,533,539 sl 514
Buy Reliance>2021.1,2029,2039,2065 sl 2013
Sell SBI<1738.8,1731,1721,1711 sl 1755
Buy Hind Oil exploration>191.1,196,202 sl 186
Sell Maruti<1278.8,1271,1266,1251 sl 1294
Buy Kotak Bank>721.1,729,737 sl 715
India Strong Futures
Bharat Forge,Patni, GT OFFshore,FSL,Jindal Saw,Bharat Petro,Financial Tech,Mphasis,Aurobindo Pharma & DCB
Indian Weak Futures
Divi'S Lab, Suzlon,Ivrcl Infra,Abb Ltd,Patel Engineering,Chambal Fert,Crompton Greaves,Federal Bank,Hero Honda & GMR Infra
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