A picture speaks louder than 1000 words and here our chart screenshot is able to convey the complete state of affairs in the market. As of now market is not showing any bullish trend and one need to wait to get the clear signal as Nifty is near its medium-term moving average. It is worth mentioning here that Nifty has filled the gap which was created earlier and still if still Nifty is able to maintain closing above 5260, hope is alive in the market. The daily trend of nifty is in Down trend and one need to keep the level of 5220-5200 under watch which happens to be its good support. However bulls need not lose hoe as till 5200 is held; till than one need not fear. This down trend is in force since 24 Aug 12. Strong resistance lies at 5350 level which if taken only than we can think of higher levels.
Thus now is the correct time to trade with accurate and reliable stock like sure tip of the day which performs irrespective of the prevailing situation in the market and professionals make money in both uptrend as well as the downtrend. The market breadth was weak with 1,419 losers and 1,380 gainers on the BSE. Now the political crisis on coalgatescam front need to be taken care by the Prime Minister and if coal blocks are cancelled we may see Nifty 4750 level.
Support and Resistances for the Day
Jackpot Tip Profit
|Tip||1230 (Rs 50,000 Trading)|
Intraday Trading Tips
Future and Options Daily Paid Tips
|NSE Nifty 50 Stocks||Made Money (Rs)|
Strong future shares at National stock exchange
MC Dowell, Shri Ram Transport, Biocon, TCS, Cipla, OFSS, Apollo Tyre, Ranbaxy, GSPL & Finan Tech.
Weak future stocks at NSE
IFCI, Alok Text, S Kumars, Jain Irrigation, JP Power, Ibrealest, HDIL, R Power, TTML & Adanient.
If you like our post than do not forget to refer our free and that too 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.