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1. Indian stock market daily trend update: I have commented on the health of Indian stock market in previous post but one has to be realistic as India is not isolated and is affetced by global markets. Thus do watch the world stock markets as Indian markets will follow footsteps of global markets and one can check Global Markets here. Gap up opening will be seen but one may also see profit booking at the higher levels. Thus trade with an eye on global markets. Sensex has to move above 14681 to show continous strength and on lower side one should watch Sensex breaking 13974 level where as a trader one should exit all Nifty longs as thereafter market will take cues from global markets.
2. Previous day Profit making tips analysis:Neyveli Lignite gave a profit of Rs 975, Power grid gave a profit of Rs 400, NTPC gave a profit of Rs 350, PFC gave a profit of Rs 380, JP associates reversed just 10 paisa before the entry price set up and thus trade was not executed, Kolte patil reversed after margimnal profit of Rs 50 and Reliance capital gave a profit of Rs 6700 for every 100 shares traded as per the tip given.
3. Generate intraday tips from strong Future stocks data
Patel Engg
Power Grid
SBIN
NTPC
Bank of India
Rel Capital
ONGC
PNB
Axis Bank
Indian Bank
4. Is Weak Future Stocks data an indicator of fall in stock price? Let us observe:
Moser Baer
Sobha
CMC
Satyam
HCL Tech
IDFC
S. Kumar
JSW Steel
Nucleus software
Brigade
5. Trading tips for india from stock expert for intraday trading
Buy Neyveli Lignite>108.5,110.5,113 sl 106.8
Buy Power grid>96.55,97.7,99.8 sl 94
Buy NTPC>185.1,186.8,188,191 sl 183
Buy Reliance capital>1180.1,1197,1226 sl 1168
Buy PFC>131.1,134.9,139 sl 129.5
Buy SBI>1418.1,1435,1468 sl 1399
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