Now disinvestment is going to be a likely trigger as Prime Minister Manmohan Singh has made it loud and clear by stating that sale of stakes in state companies will be speeded to revive the stock market and to push ahead with reforms. India is likely to achieve a fiscal deficit of 5.8% as Chidambaram has issued warnings to ministries that amount which is not booked before the end of financial year will have to be surrendered and has issued strict guidelines for booking of amount in the last quarter as ministries start work in the last qtr and than carry over the amount to subsequent year. So, tough financial measures are in place to curtail the fiscal deficit which is good for Indian economy and will send signals of a reviving economy to global investors.

Nifty uptrend is protected till the time the level of 5800 is protected. Bank Nifty is going on a bullish note and will remain so till the level of 12800 is protected. The best way to make money in Indian stock market and be stock specific in intraday trading and achieve the same one can capitalise on the buzzing stock of the day and carry profit home.

RBI Stance on Rate Cut

Market is optimistic that the rate cut may occur due to lower-than-expected November inflation; however it will remain only a hope factor. We feel that RBI is not going to change or cut interest rates on its scheduled meeting on 18 Dec and any solace may be found in Jan 2013 meeting. So any positions in market be taken in light of RBI credit policy on forthcoming Tuesday. The overall breadth was negative as 1,475 stocks declined while 1,452 stocks advanced on the BSE on last trading day.

Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5830-5796-5750	5900

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1440 (Rs 50,000 Trading)

Intraday Trading Tips

Share	Gains (Rs)
Tips	27460

Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	67320

Strong future shares at National stock exchange

Adani Power, Pantaloon, Union Bank, Shri Ram Trans, Adanient, MRF, RCOM, Bank Of Baroda, Rel Capital, & Allahabad Bank.

Weak future stocks  at NSE

Hexaware, GMR Infra, NTPC, Voltas, Tata Comm, Cromp Greav, BHEL, Bhushan Steel, NMDC & Opto Circuit.

If you like our post than do not forget to refer our free and that too Buzzing Stocks 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.

Buzzing Stocks

This article was first published on Indian-Share-Tips.Com on  16 Dec 2012