1. Recap: All the tips given for yesterday trading yielded a minimum profit of approx 10 RS per tip.I hope my esteemed readers are making money with it.As advised reliance communications marched ahead breaking 700+ mark.
2. BSE & NSE update:Market has shown a bout of volatility to touch a new milestone of 18000+ mark.Keep a watch for Sensex breaking 18000 mark else Sensex may head for 18800. Market may remain firm till Reliance Power IPO.
SENSEX 18280.24(+788.85)
NIFTY 5327.25:+242.15
FTSE 6595.90:+0.84%
NASDAQ 2787.37:+0.25%
DOW JONES14043.73:-0.16%
NIKKEI 17159.90:+0.56%
3. Strong Future Stocks
Reliance Communications
Sesa Goa
Rel Capital
Tata Power
idfc
reliance
Reliance Energy
Jindal Steel
Reliance Natural resources Ltd
Lanco Infratech
4.Weak Future Stocks
Dena Bank
Ansal Properties
Ballarpur Industries
Praj Industries
Aia Engineering
Strides Acrolab
Mah Seamless
Indian Bank
TVS Motor
Sun TV
5. Intraday free day trading tips for Indian stock market:
(a)Buy Patni>500.1,506,518 sl 493.9
(b)Buy TCS>1100.1,1108,1121 sl 1094
(c)Buy MindTree>505.1,519,524,539,543 sl 494.9
(d)Buy Wipro>492.1,500,511 sl 488.9
(e)Buy HCL Tech>322.1,325,330 Sl 319.9
I have recommended a bulk of IT stocks as CNBC has predicted a 8% rise in Infosys profits and Infosys has hedged itself by increasing its work in Europe.
Altenatively buy Torrent power for day trading for a target of 149. Buy it above 135.1 with stop loss 131.9
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