Nifty is in a sell mode as short term indicators point to same and Nifty can fall to the levels of 5210.

However if Nifty is able to move past 5300 level, than we can consider that Nifty may try to conquer 5400 level again. Market is weak since budget day as aggressive short positions are being built since budget day.

However not to get dismayed as market can show a technical bounce back if the level of 5200-5160 is held and thus ideal way to make money is to use hot share of the day and make money like professionals while trading at NSE and BSE. The overall breadth was negative with 1,867 stocks declined and 1,004 advanced. In midcap stock segment FMCG stocks are the most shining stocks as consumption of this segment is to occur irrespective of the inflation.

Politicial Sceanrio Affecting Stock Market

It is a real shame for India that a progressive minister had to give in to the tantrums of Trinamool Congress chief Mamta Banerjee as Dinesh Trivedi finally quit as Railway Minister on Sunday after speaking to the lady Chief Minister. Mukul Roy is likely to take over as the Railway Minister, but Finance Minister Pranab Mukherjee is likely to reply to the debate on the Railway Budget in Parliament.

Sources suggest that Prime Minister Manmohan Singh is not too keen on Mukul Roy as the Railway Minister, however he has to bow to the pressures of coalition dharma which speaks of his weakness as 19 MPs, of TMC has the power to lead to the fall of the govt.

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

Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5210-5170-5080	5300-5400

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	2330 (50,000 Trading)

Click for Daily Sure Shot Tip: Make Money Like Professionals

Intraday Trading Tips

Share	Gains (Rs)
Tips	38590

Click Here to Subscribe for Daily Intraday Money Making Tips

Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	73840

Click Here to Subscribe for Daily NSE Future and Option Tips 

Strong future shares at National stock exchange

VIP Ind, Yes Bank, Welcorp, Voltas, Havells, Uniphos, Mcleodruss, Bombay Dyeing, JSW Energy & Zeel.

Weak future stocks  at NSE

Adanient, OnMobile, NMDC, HDIL, DCHL, NCC, Biocon, Essar Oil, Renuka & Educomp.

Click Here to Get Free Future and Option Tips in Email

If you like our post than do not forget to refer our midcap stock 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 can get more info on subject by searching at Google, Facebook, Yahoo or Bing by using the following search engine phrases to get an accurate and correct answer to your query.

small cap stock tips, nifty option tips, midcap stocks, midcap stock tips free, midcap stocks India

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