Nifty is in for a trouble as important support of 5400 has been broken and thus it is likely to kiss 5342-5300 levels before the expiry. The trend is towards southwards direction, and it can reverse provided it can again zoom above the level of 5400. Three consecutive closes below 5400 and that too on weekly basis means that Nifty can fall to the levels of 5200-5100. The analysis of derivatives data i.e. options analysis suggests that Put to call ratio (PCR) is below 1.00, and is showing a sharp rise in IV and maximum addition in call options, and it only shows that Nifty can fall below 5400 level. No doubt the breadth of market is negative.
Day traders make money irrespective of the condition in the market and that is why we have brokers and traders flocking for the share tips for today given before hand as each given tip yields handsome profit for the traders and brokers through their clients as they have high volume which in turn becomes a higher brokerage for them through their clients. Of the total 2799 stocks traded on the BSE, 1996 stocks declined while 704 advanced on the BSE.
Support and Resistances for the Day
Jackpot Tip Profit
Intraday Trading Tips
Future and Options Daily Paid Tips
|NSE Nifty 50 Stocks||Made Money (Rs)|
Strong future shares at National stock exchange
Titan, Asian Paints, Divis Lab, Mundra Port, Ranbaxy, Hind Uni Lvr, Bata India, Hero Honda, Dish TV & Dabur.
Weak future stocks at NSE
KS Oils, Patni, Rel Media, Jindal Saw, Unitech, SBI, Canara Bank, LITL, GT Offshore & Pir Health.
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