The market is in a state of the consolidation with daily trend of Nifty being upbeat till the level of 5630-5600 is held. The first bearish signals will start emanating in the market with a break of 5630 level. A fresh breakout will occur in market above 5860 as per Gann angles. However bears can be ready for a party as momentum oscillators are showing favourable period for bears on the daily charts. Nifty hits a new 15 minute low and thus we may see a bout of selling below 5670 levels. Thus make use of the sure stock and make money every day in market by virtue of reliable information.
Market is now not anticipating any easing in key policy rates by RBI at its second quarter monetary policy review on Tuesday in wake high inflation. On the positive side Fiis are bullish about the prospects in India and this is the reason that we see continous investment by these institutes. Market breadth continued to remain weak with 1,801 losers and 1,030 gainers on the BSE on the last closing trading day.
India saw a mega induction of new ministers in the portfolio with Rahul Gandhi being kept out as govt is passing through a tough phase and very little time left for him to prove himself.
Support and Resistances for the Day
Jackpot Tip Profit
|Tip||1720 (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
JP Power, Yes Bank, Orient Bank, KTK Bank, Aurobindo Ph, Axis Bank, Arvind, LT, Federal Bank & Godrej Ind.
Weak future stocks at NSE
IRB, CESC, GMR Infra, Renuka, GVKPIL, Sun TV, IVRCL Infra, Exide Ind, PNB & Wipro.
If you like our post than do not forget to refer our free and that too Free 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.