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Share Market Tips for Beginners in India to Make Money : 08 June

share market tipsFor a relief for bulls, this news is going to bring cheers for them as technically charts are showing that daily trend of Nifty has changed from confirmed lower trend to an Up trend in the market.

Seeing the strength in the market it appears that we are headed for 5100 mark. In such type of environments when gap up in the index may take place and thus ideal opportunity is available in form of stock specific trades and one will realise that riding the trend yields maximum returns in the stock market. We are bullish for short term as daily
momentum oscillators are favouring bulls and thus we see Nifty rallying till 5100 level and uptrend is protected till 5000 mark is held.

All eyes are set on 18 June when RBI is set to meet and review its credit policy and hopes are abound in the market that central bank will cut key policy rates to boost growth. However since RBI had given “Jaroorat Se Jyada Offer” Last time and thus one may have to be conservative in approach while having wishful thinking.

To be honest we can call this rally as a pull back rally and will see profit booking at higher levels as analysis of derivative segment suggests that strong writing around 5100 CE strike price can act as a strong resistance for the market. Market breadth on BSE was positive with 1,525 gainers and 1,164 losers.

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Support and Resistances for the Day

Indices Support Resistance
Nifty 5000-4900 5076-5090-5120

Jackpot Tip Profit

Stock Profit (Rs)
Tip 1280 (Rs 50,000 Trading)

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Intraday Trading Tips

Share Gains (Rs)
Tips 19430

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks Made Money (Rs)
Tipz 53980

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Strong future shares at National stock exchange

S Kumar, India Info, Delta Corp, Zeel, Dena Bank, Rel Capital, Pantaloon R, Jet Airways, Core Education & LT.

Weak future stocks  at NSE

BEML, OnMobile, Tata Motors, Orchid Chem, Educomp, Suzlon, Nagar Oil, Indian Bank, Adani Power & Adanient.

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