One has to keep a close watch on Nifty 4869 as break of this level is not good for the market. If we analyse strength and share of market, we will find that bears are trying to have an upper hand and thus we need to keep an eye on the Nifty chart as appended below as fresh short position are building up at all possible higher levels and thus bears are likely to be in a mood to take on the bulls this time emphatically. The today share market fall can be attributed to the poor US jobless data and China's freeze on manufacturing capacity which would mean a slowdown in the world economy. Thus these days we are more dependent on global news; however if we have few more mammoths like Life Insurance Corporation of India (LIC) than we can remian immune from these so called turbulences in the mkt. Not to worry long term trend of mkt is up. Thus consider subscribing for our Paid Delivery Stock Tips and thus sit back and relax as our delivery tips start giving the return from the day 1 of investment.
| Indices | Support | Resistance |
Sensex | 16499 | 17075-17255 |
Nifty | 4969-4949-4899-4819 | 5075-5101-5161 |
Online Day Trading Free Chart Update
Yesterday a free chart for reliance was given and stock has fallen with a thud and all those following Reliance can use the chart for the coming days as it is a free BSE online trading tip for our readers and same has given cool returns for our loyal subscribers and readers. I hope all those looking for free trial will be satisfied seeing the power of chart trading as given in yesterday post.
Share Market News
To put the reason for a layman for NSE Sensex going down was valuation concerns and fears that the U.S. economic recovery will spur inflation and another reason was profit taking and caution ahead of the second-quarter corporate results season which begins wef Friday. As a net result BSE Sensex pared most of its early gains and ended in the negative territory with a loss of 152 points, or 0.90% at 16,807 and the S&P CNX Nifty fell 42 points or 0.83% to 4,986.
Stocks and shares : Assess Results for Yourself
| Stock Tip | Guess the Stock game -Clue | Profit in Rupee: Trading 100 Shares |
| Tip 1 | Sugar sector stock | 640 |
| Tip 2 | Se**+ 3 word tourist station | 1590 |
| Reliance (Sell Equity Call) | Given as a free stock market tip also with chart explanation. | 4370 |
| Tip 4 | PSU 4 lettered Engineering Stock | 8800 |
| Tip 5 | Pvt bank | 790 |
| Tip 6 | 4 letter gas PSU | 990 |
| Tip 7 | Copper Smelting business | 4870 |
| Tip 8 | 4 letter real estate stock sent as morning hot stock tip | 1040 |
| Tip 9 | 3 letter PSU bank | 585 |
| Tip 10 (Sell Recommendation) | Real estate stock which has sky rocketed from a penny share and has become a force to reckon with in this field with innovative designs. | Tip did not reach the entry price level and thus tip was not initiated. |
Future and Options Paid Tip Results
| Stock | Profit in Rs (Per Lot) |
| Tip 1 | 41872 |
| Tip 2 | 6300 |
| Tip 3 | 1800 |
| Tip 4 | Did not reach the entry price and thus trade not initiated for tdg. |
| Tip 5 | 65760 |
| Tip 6 | 25500 |
| Tip 7 | 4300 |
Day trading stocks
Option trading | Future Trading
Do remember to check the stock market software which can help one undertake better trading decisions in respect of Nifty and other stocks. As a word of caution lot of investment clubs are mushrooming on the web and thus undertake the action with lot of diligence.
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