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1. Indian stock market direction researched tip: Market is likely to trade sideways for a few days. Support exists for Nifty at 3845 and resistance exists at 4170-4265-4365 during upmove direction.
2. Result of yesterday tips: RPL gave a profit of RS 180, Punj LLoyd gave a profit of Rs 1000 and RNRL gave a profit of Rs 55 for every 10o shares traded as per recommendaion given.
3. Strong Future Stocks
Bata India
Finan Tech
Orchid Chemical
Satyam
GTL
Renuka
Crompton
Glaxo
Praj Industries
ONGC
4. Weak Future Stocks
Sterlite
Sobha
MRPL
S.Kumars
Jet Airways
Parsvnath
Shree Cements
Alok Textile
IOB
Tata Motors
5. Daily Stock tips for India traders: One can see that yesterday we had given a buy call for RPL and today we have given a sell call as the trend of the stock has changed. Thus going by thumb rule may be not helpful at times in trading stocks.
Sell RPL< 164.9,163,160,155 sl 169
Buy Punj LLoyd>232.5,239,250 sl 227.8
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