Day Trading Tips for Indian Stock Market:01 Nov

1. Recap: Recommendations for yesterday yielded profit with which others are envious and same is listed as Torrent gave a return of RS 6.35/-, NTPC gave a return of RS 8/-, Bharti Airtel gave a return of RS 75/-, Bharat Forge gave a return of RS 27/-, Nagarjuna Fertilisers gave a return of Rs 4/- and Reliance Energy gave a return of Rs 75/- per share bought. Satyam tip did not get executed as it did not reach its entry price. Day traders are making profit with us which are delivered free of cost.

2. Stock Market Update: The market may open down on profit booking but is likely to recoup the losses in the intraday and support for Sensex exists at 19201 and resistance exists at 20695. Support Nifty exists at 5799 and resistance to the up move exists at 6100.

3. Key World Indexes:

SENSEX 19837.99:+54.48
NIFTY 5900.65:+31.9
FTSE 6659.80:+0.04%
NASDAQ 2816.71:-0.03%
DOW JONES13792.47:-0.56%
NIKKEI 16737.60:+0.52%

4. Strong Future Stocks

Adlabs Films
Larsen & Toubro
Sesa Goa
Punj Llyod
Bharat Fo.Co
Jindal Steel
Lic House Fin
Reliance Petrole
MRPL
RNRL

5. Weak Future Stocks

Moser Baer
Mahindra Gesco
Gateway Distripak
Ultra Cements
Peninsula Land
Patni Computers
I-Flex
Strides
Mah Seamless
TVS Motor

6. Day Trading Tips for Indian Stock Market:

Buy GMRINFRA>179.1,181.2,185 SL 175
Buy Nitin Fire>410.1,419,424,439 Sl 408
Buy Torrent Power>166.5,169,174 Sl 163
Buy Bharti Airtel>1012.1,1027,1048 Sl 1006