Sure Shot Intraday Calls on Indian Stock Market | 10 Mar

Indian shares tips | Indian stock market live updates | Futures trading strategies

Indian stock market suffered due to profit taking in metal, public sector, oil/gas and realty stocks and same was aggravated by mixed global cues. The only saving grace for Indian shares were IT sector stocks. BSE Sensex finished near the day's lows at 17,053, down 50 points or 0.29% while the Nifty fell 23 points or 0.44% to 5,101. Stock prices of Indian shares suggest that the market is going to trade range bound for some more time being and trade in Nifty and Sensex with given parameters.
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Keep an eye on Nifty breaking the level of 5069 which can mean that the down trend has commenced in the market. However still uptrend is intact. As an advice do not enter in penny stocks as same can be rigged by a few handful of operators. Use every downfall to buy cheapest stocks of large growing companies and for that one can use the services of stocks to buy for short term and make regular money from the market irrespective of the direction of the market.  Indian stock trading be undertaken with following support and resistances under consideration.

Index	Support	Resistance
Nifty	5070-5030	5125-5175
Sensex	16925	17109-17272

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National stock exchange strong future

Orient Bank, Sesa Goa, JSW Steel, Hero Honda, Siemens, LITL, M&M, Sterling Biotech, Mcdowell-N & Pir Health.

Indian stock exchange weak futures

Bajaj Hind, Mphasis, BPCL, Chambal Fert, Pantaloon Retail, Balrampur Chini, Tech Mahindra, Tulip, Tata Comm & Dish TV.
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Global Update

We should be thankful to our RBI governor whose efforts has helped us to remain unscathed of effect of global financial crisis in Indian stock market.
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