Till the time Nifty is able to sustain itself above 5640 level, Nifty is in uptrend and will try to retouch the 52 week high. Now one need to see that how US propose to manage its fiscal cliff as it is a role model for the whole world to follow and give guidance to world equity markets. All eyes were set for pre Diwali rally and it appears that 6000 mark will need to wait.
However intraday traders need not wait to make money as perfect and easy way to make money exists with our hot stock of the day which performs and yields excellent returns. The Nifty bouncing back from the days low is very positive for the market. However profit booking can not be ruled at higher levels and thus trade with stop loss in place as stop loss is not our enemy but a friend as it is a risk control mechanism.
Support and Resistances for the Day
Jackpot Tip Profit
|Tip||2350 (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
Union Bank, Auro Pharma, KTK Bank, MC Dowell, Unitech, Biocon, IDBI, Pantaloon, Tata Global & Idea.
Weak future stocks at NSE
CESC, Cromp Greav, Bharat Forge, Guj Fluoro, Wipro, IRB, Apollo Tyres, Bata India, Rel Infra & India Cem.
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