Trade with free profit making stock tips:24 Sep 2008

1. Tip for Indian stock market trend: Due to Futures and options expiry volatility is the order of the day and the same has been amply proved. If Nifty breaks 4114 then Nifty can fall till the level of 4049 and if this level is also broken than one may see it touching 4000 levels.Global meltdown is taking its toll on India and it is presently is in a cyclical slowdown, however not to worry as long term structural story is intact.

2. IT sector stocks update: One can let the quarterly results be known to the world before testing IT stocks.

3. Profit from stock tips:ITC, HDIL, BOI did not reach entry price and thus trade was not executed. HCL tech gave a profit of Rs 240 and NTPC gave a meagre profit and reversed. If one is not getting the set up price to execute the trade than it is an indicator that market is not worth trading and thus one is able to preserve the capital.

4. Share tips which generate profit in India stock markets namely BSE and NSE

Sell Axis bank<677.8,673,661 sl 682 Buy BANK of India>284.1,289,295 sl 279.8
Buy Unitech>125.1,126.7,129.6 sl 123.8 (Be careful near the level of 126 as stock can reverse from here)
Sell Reliance<1998.8,1972,1950 sl 2005 Buy Ranbaxy>321.1,333,345 sl 317