The daily trend of Nifty remains in Up trend and analysis of charts on daily basis also corroborates the bullishness in market in medium term; though on short term we may see a short dip to 5200 level. However till the time Nifty is able to sustain above the level of 5322 ; we will see bullish trend in the market. European market were happy seeing the austerity measures taken by the Greek government to save it from defaulting on the huge debt. So global markets also have a bullish undertone and thus now is the ideal time to go with genuine stock tips and make money like professionals in the stock market. The market breadth, which indicates the overall health of the market, was positive. Out of the 3298 stocks traded on the BSE, 1676 advanced, 1529 declined and 93 remained unchanged.
Support and Resistances for the Day
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Strong future shares at National stock exchange
IFCI, Dena bank, Jet Airways, HDIL, Hexaware, Rel Capital, JSW Energy, Syndicate Bank, IVRCL Infra & Rel Infra.
Weak future stocks at NSE
Adani power, Divis Lab, Tulip, Bharti Artl, Video Ind, Ranbaxy, BRFL, TVS Motor, Sriram Trans & MC Dowell.
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