A major battle is won with expiry passing off taking the Nifty down confirming the prevalent trend in the market. However it has made Nifty tank down by 3.21%. Indian shares dropped nearly 600 points in intraday trade –their largest such fall in more than 18 months –as a spike in crude prices and a slight increase in food inflation sparked fears the central bank would raise policy rates. Key support of Nifty have been broken. Now all hopes are left at post budget rally and every thing is in the hands of Finance Minister. Hope the action will commence post budget with an upward direction. It will be an indeed welcome step if the salaried class is taken off the net of filing income tax as the amount of effort saved can help to get lot of black money back in system. Once the TDS is being deducted at the employer end, their is no requirement to file the income tax again. Why one should have duplication of task and let the effort go towards the recovery of black money or the hawala funds.To get over the anxiety and make daily money from the market in just a matter of first 2 hours of the day; one can straightaway head for intraday tips and earn handsome profit and relax for the rest of the day.
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Once you have homed on to your target, thereafter one should just stock to the selected individual and follow him in letter and spirit. As a free advise PSU stocks in oil sector will be hammered by virtue of oil price rising and they will over burdened with subsidy charges. The private companies owning sufficient oil exploration wells will rise and same can be attributed to Libyan crisis. We sincerely hope that Libyan autocrat do not go for a massacre of human beings as people are just waiting with bated brea
th in that country. Real action may commence once all the foreigners leave the country. Now here comes the power of media and all get united and raise our pitch against this person as his removal is the only way to bring some better things in the life of fellow citizens of Libya. Let us undertake an email campaign and post same in Twitter and Facebook and put up pressure on world community to save the country from an impending massacre.Click Here to Get Free Stock Market Tips in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5242-5118 | 5340-5388-5500-5600 |
| Sensex | 17600-17469 | 17993-17829-18178-18500 |
| Stock | Profit (Rs) |
| Tip | 1340 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 31670 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 46670 |
Strong future shares at National stock exchange
Nat Alum, Welcorp, BRFL, Educomp, Bata India, Dabur India, Core Protect, Jindal Saw, Siemens & Cairn.
Weak future stocks at NSE
Aurobindo Ph, Punjlloyd, Patel Eng, DCHL, GT Offshore, IVRCL Infra, KFA, Orbit Corp, Jindal SWHL & Unitech.
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