Nifty has crossed the psychological barrier of 5000 mark and this rally will continue till the time Nifty sustains above the level of 5000 mark and this can target the level of 5100-5200 and will peak at 5330 level. Further analysis of Nifty chart suggest indecisiveness in trading pattern and do not leave the positions open without stop loss in place.

The daily trend of Nifty remains in Up trend till the time 5000 mark is not broken on closing basis. Thus trade with daily one sure tip and make money like professionals. One will get to se real action on and after 24 Jan when RBI meets for its policy review followed by derivatives expiry which brings with it a bagful of woes or happiness for the market. This time F&O expiry is going to be superb positive if RBI reduces the rates and chances are 100% that RBI will reduce rates and thus this bull rally will get another lease of life. Keep watch as banking and real estate stocks which are rate sensitive will see some action in coming days.

A word of caution is that this rally will encounter profit booking at higher levels as select momentum oscillators are in overbought zones. As a strategy close all long positions as and when Nifty breaks 5000 mark; however 4970 can act as a support from where bounce back can occur. Just to be on the safer side a break of 5025 should be on alert as it will signal that market may shed some points.

Click Here to Get Free Stock Market Tips & Free E-book in Email

Nifty Support and Resistance

Indices	Support	Resistance
Nifty	5000-4970	5068-5120-5145

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1040 (Rs 50,000 Trading)

Click for Daily Sure Shot Tip: Make Money Like Professionals

Intraday Trading Tips

Share	Gains (Rs)
Tips	21970

Click Here to Subscribe for Daily Intraday Money Making Tips

Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	43890

Click Here to Subscribe for Daily NSE Future and Option Tips 

Strong future shares at National stock exchange

Orbit Corp, IVRCL, WelCorp, NCC, Adani, Unitech, HDIL, Pantaloon, Rel Infra & Adani Power.

Weak future stocks  at NSE

IGL, Essar Oil, Infosys, TCS, M&M, Tulip, Bajaj Holding, Dish TV, Chambal Fert & Ruchi Soya.

Click Here to Get Free Future and Option Tips in Email

If you like our post than do not forget to refer our Nifty Tomorrow prediction website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.

If You Enjoyed This Post Please Take 5 Seconds To Share It.

Just Nifty, Bank Nifty,  Chart, Nifty Today, Just Nifty, Nifty Tomorrow, icharts Nifty