We are only conducting Seminars to make Professional Traders. Join Now for Hyderabad and Chennai Seminar. The material published on the blog is of general and educational information only and is not suitable for trading purpose.

Indian Stock Market Tips & Exchange News : 29 June

It is a good news that PM has promised to ensure that confusion over tax policy is cleared by issuance of a clarification circular on the retrospective amendment of section 9 and it is highly probable that general anti-avoidance rules (GAAR), may not see light of the day till 2014 elections are held and a new govt is formed. Better late than never and it will help the investors get back the confidence in the Indian economy.

Indian StockThe daily trend of Nifty remains in Up trend and now is the right time to make use of the sure shot hot stock of the day and make money like professionals traders in the international market. The short-term moving average has crossed the medium-term moving average and this is a positive signal for the market and we may see a rally taking place to 5330 mark; once the level of 5200 is taken with volumes. However as a caution, one must see Nifty breaking the level of 5039 with suspicion as its break will indicate that bears are going to take control. The market breadth in BSE ended positive with 1,462 shares advancing and 1,312 shares declining.

The two day European Union Summit at Brussels holds the key to likely direction of Indian stock market. On the summit's eve, German Chancellor Angela Merkel held two hours of talks with the French President Francois Hollande in Paris. The two remain at odds on how to move forward, with Germany opposed to pooling debt while France insists the Eurozone needs further integration.

Petrol consumers can heave a sigh of relief as Oil companies have cut petrol prices w.e.f. midnight and now it stands at Rs 67.78/ltr in Delhi, Rs 73.35/ltr in Mumbai, Rs 72.74/l in Kolkata & Rs 72.27/l in Chennai. Hopefully a time will come when the pricing will be pegged to the international market as in India we are getting one of the costliest petrol due to levy of the taxes.

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

Support and Resistances for the Day

Indices Support Resistance
Nifty 5120-5070-5040 5170-5200

Jackpot Tip Profit

Stock Profit (Rs)
Tip 1340(Rs 50,000 Trading)

Click for Daily Sure Shot Tip: Make Money Like Professionals

Intraday Trading Tips

Share Gains (Rs)
Tips 21750

Click Here to Subscribe for Daily Intraday Money Making Tips

Future and Options Daily Paid Tips

NSE Nifty 50 Stocks Made Money (Rs)
Tipz 48690

Click Here to Subscribe for Daily NSE Future and Option Tips 

Strong future shares at National stock exchange

HDIL, Educomp, Sun TV, KTK Bank, Financial Technologies, Piramal Healthcare, Hind Oil exploration, Renuka sugars, Ambuja Cement & NCC.

Weak future stocks  at NSE

OnMobile, BEML, Tata MTR DVR, Rcom, Alok Textile, Guj Fluoro, JP Power, MRF, HCL Tech & Adanient.

Click Here to Get Free Future and Option Tips in Email

If you like our post than do not forget to refer our free Indian Stock market tips providing 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.

Indian Stock market, Indian Stock Exchange, Indian Stock market news

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

Most Visited Stocks - Click to Visit Link

 
We Teach and Train our Readers as we want to make sure that Readers become thorough professionals. We do not provide any stock tips. Please do not make any payments. Your joining or reading content is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
Chart> Nifty A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9