Market had a stable to positive performance due to positive global cues coupled with RCOM and GTL Infra deal and of course the petro buzz continued. Power generating companies are also going to have a dream run in future by virtue of reports that the Power Ministry is in advanced stages of drafting a gas linkage policy for Greenfield power plants. Reliance has once again buzzed by virtue of its 7th oil discovery in the Cambay basin block.BSE advance-decline ratio stood at 1.6:1.
Now one need not worry as Nifty is above the crucial support level and thus this run continues in mkt provided Nifty is able to sustain itself above 5300 levels. Thus if you want to be a part of this dream run and be a millionaire from stock market than do not forget to check out stock tips for today which is based on reliable source and helps traders get handsome gains daily in the market. Analysis of derivative data suggests that short positions are building up at higher levels as open interest increased with decrease in the cost of carry and option data throws positive light as implied volatility has decreased marginally and it shows that buying will emerge at lower levels.
Support and Resistances for the Day
|Tip||1765 (Rs 50,000 Trading)|
|NSE Nifty 50 Stocks||Made Money (Rs)|
Click Here to Subscribe for Daily NSE Future and Option Tips Strong future shares at National stock exchange
Hind Petro, GTL Infra, RCOM, BPCL, RNRL, ONGC, BRFL, Essar Oil, Renuka & Orchid Chem.
Weak future stocks at Bombay Stock Exchange
Grasim, Mphasis, HCL Tech, India Cement, Petronet, DCHL, Indian Bank, Federal Bank, Yes Bank & Tulip.
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