1.Recap:It was a great day with all the recommendations giving more than promised.Renuka Sugars sky rocketed and gave a profit with a sky rocketing rise of rupees 145 per share gain.Similarly Bajaj Auto also gave a stupendous rise of rupees 100 per share.Similarly Escorts gave a rise of RS 3 per share.Bajaj Hind recommended earlier gave a stupendous rise of about 40 rupees.So,the market has surprised every one with such a meteoritic rise.
2.Stock Market:It is difficult to assume that market can sustain these levels.As per charts uptrend is in force.However caution is the word and watch Nifty breaking 15799 levels.Volatility will be supreme.Market is in a state of euphoria with 0.5% cut in Fed rate.As advised Fed rate has given a direction to the market but a number of negative factors are ready to take its toll on market which are listed below:
(a)Nuke deal impasse,Govt in a stand off situation due to CPM stance.
(b)Crude at new highs.
(c)Meteoritic rise so fall will be equally grave.
3.Key World Indices:
SENSEX 16322.55(+653.63)
NIFTY 4732.35(+186.15)
FTSE 6426(+2.27%)
NASDAQ 2651.66(+2.71%)
DOW JONES13739.39(+2.51%)
NIKKEI 16381.5(+3.67%)
4.I am not posting strong and weak futures as after today rally almost all stocks are in uptrend.
5.Indian stock market free daily tips for Day Trading Cum Delivery:Buy GDL>141.05,142.5,144 sl 139.9
6.Indian stock market free daily tips for Day Trading:Buy Mahindra & Mahindra (M&M)>746.1,773.80,778,799 sl 739.9
7.Watch:ITC can be held as delivery and sell it if it breaks 179.
So if you are making money or want to continously make money from Indian stock market,then do forget to get Emails free of cost with market updates and free day trading tips and delivery tips
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