As it as been stated in yesterday post that the mkt has been behaving erratically and today fall can be attributed to Shanghai i.e China market correction which has unsettled the whole world mkts. The whole fiasco is due to fudging of the figures by China to show a higher growth rate despite same not being feasible in times of recession. Sensex is likely to touch 14731-14234 and for upmove it has to move above 15046. NSE Nifty is likely to fall to 4325-4247 and only solace available will be if it can move above the level of 4468.
Profit analysis of free stock tips
Despite sharp drop in the mkt BPCL gave a profit of Rs 1060, Cairn, ONGC and Tisco did not reach the entry price, sell recommendation of Reliance gave tremedous profit of Rs 7300 having touched a low of 1925 and same is only for 100 shares trading.
Day Trading Tips to make money
Buy ONGC>1181.1,1189,1198 sl 1175
Buy Balaji Tele>55.5,57.7,59.8 sl 52.9
Buy BPCL>513.1,519,527 sl 506
Buy Cairn>240.1,242.4,247 sl 235
Buy Ranbaxy>298.1,299.8,303.5 sl 293.8
Sell Reliance<1924.8,1915,1908 sl 1937
NSE BSE strong futures
Bhushan Steel, Cummins, Aurobindo Pharma, Patni, Jindal Saw, Tata Motors, Great Offshore,HCL Tech, Ranbaxy and Mphsis
BSE NSE Weak futures
Suzlon, Nagarjuna Constr, RComm, Chambal Fert, JP Associates, Union Bank Of India, Ivrcl Infra, Nagarjuna Fert, Hero Honda and MLL.
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