The daily trend of Nifty is in Up trend and a bullish confirmed up move will occur as and when Nifty is able to move above the level of 4885. Till the time this level is not crossed Nifty will remain range bound between 4800-4885. Once Nifty crosses the level of 4885 on closing basis than we are going to see the level of 5000 level.
Till that time make use of the solid News Based Calls and make money like professionals as secret to making money in market is to have right information at the right time before the market herd gets to know about it and this herd knows it moment same is flashed on business channels. So as a thumb rule, if you want to become a serious trader than stop listening to these channels as they tend to make your mind bullish with stock specific information fed to you which has been already been factored in the price of the stock.
Date with History in Indian Stock Market
We are likely to see real action in the market on 24 Jan 2012 when RBI is going to present its policy update and if it undertakes a rate cut we are going to see a rally in the market and if the rate cut is not executed or is against the wishes of the market we are going to see a crash in the market. The following day after RBI CRR policy update is also crucial as it happens to be Thursday and is the derivatives expiry day. So do mark these dates in your calendar for gaining in the market. Future and option traders can exercise a straddle during the recommended period as market will move in one side after the RBI announcement.
Sectors which are Seeing Action
As of now metal stocks are seeing the action in positive side and banking stocks will be in the limelight if RBI cuts the CRR rate and vice versa is true on bearish side if RBI undertakes a Volte-face.
Click Here to Get Free Stock Market Tips & Free E-book in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 4800-4700 | 4863-4930-4946 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 3230 (Rs 50,000 Trading) |
Click for Daily Sure Shot Tip: Make Money Like Professionals
Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 41870 |
Click Here to Subscribe for Daily Intraday Money Making Tips
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 68480 |
Click Here to Subscribe for Daily NSE Future and Option Tips
Strong future shares at National stock exchange
GMR Infra, Orbit Corp, HDIL, IVRCL, Aurobindo Pharma, KS Oils, WelCorp, Rolta, Unitech & Sterlite.
Weak future stocks at NSE
Bajaj Auto, Bharti Airtel, VIP Ind, TVS Motor, Oil, Ruchi Soya, Hero Motors, Gitanjali, HPCL & Ambuja Cement.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our Online Share Trading Tips 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.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
