Nifty is bullish till the time the level of 5800 is held in the market and we are heading for the levels of 5950 provided 5800 level is held. Indian govt has suddenly waken from the slumber and has sent strong signals to investor fraternity by announcing FDI and even allowing voting on FDI.
The daily trend of Nifty is in Up trend and first hurdle encountered by the Nifty will be at levels of 5895 where it can encounter selling pressure.
Markets have taken weak GDP numbers with a pinch of salt as the expectations have been met and same had been discounted earlier and now in short term; the trend for Nifty remains bullish. Fiis have become bullish on Indian markets and this can be seen from the kind of investment which is coming in Indian stock market as in year 2012 the FIIs investment has crossed 1 Lakh Crore mark. Thus to make money while the sun shine is to use the hot stock of the day and trade like true professionals. In short term the momentum oscillators are showing that positive bias will continue in the market. While studying momentum oscillators; one should see it against daily and weekly charts.
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5820 | 5900-5920-5950-5967 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1920 (Rs 50,000 Trading) |
Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 38250 |
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 94720 |
Strong future shares at National stock exchange
KTK Bank, MC Dowell, Suzlon, Unitech RCOM, Bharti Artl, Sun TV, Indusind Bank, Aditya Birla & Ashok Ley.
Weak future stocks at NSE
NMDC, Opto Circuits, GMR infra, Bhushan Steel, Tech M, Ranbaxy, India Cement, Havells, Jubilant Food & Hind Petrol.
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