DAY TRADING TIPS IN INDIA:31 AUG

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1.Recap:Wipro hit the target of 480 and thus 2 targets were achieved.I followed this stock and found that the stock price in NSE was approx 3-4 Rs higher than BSE price after 2:30 PM and thus I personally feel that this trend was being seen on an Expiry day Or there was more bull force prevalent at NSE.

2.Stock mArket Update:Profit booking is not ruled out and correct trend likely to emerge with effect from Monday.Watch NIFTY levels 4374-4427-4458 to establish the trend of market.Key indices of world as listed below:

SENSEX 15121.74(+128.70)
NIFTY 4412.30 (+53.00)
FTSE 6166.10 (+0.55%)
NASDAQ 2563.16 (+2.50%)
DOW JONES13289.29(+1.90%)
NIKKEI 16153.80(+0.88%)

3.Strong Future Stocks

Triveni Engg
Nagar Fertilisers
Educomp
Chambal Fertilisers
Jaiprakash Hydro
Sail
Patni Computers
Lanco Infratech
Tata Teleservices
BHEL

4.Weak Future Stocks

EKC
Divi Lab
Gateway Distripak
Cipla Ltd
Sobha Developers
Parsvnath
Lupin
Polaris Software
Sterling Bioitech
Oriental Bank of Commerce

5.Day Trading:Buy IVRCL>375.05,377,384,394 Sl 369.9.Profit booking technique is a must to avoid being caught in a volatile market.IVRCL earlier recommendation can be seen in the link http://indian-share-tips.blogspot.com/2007/08/daily-free-tips-bsesensex-nsenifty06.html to get an insight that previous posts if followed can also pay handsome dividends.

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