Free Indian stock market tips: 22 Oct

1. Trade in BSE Sensex and NSE Nifty with genuine Indian market tips: The market is now in a trading range of 9,000-11,000. Market will see rally for a few days and this rally will fizzle out in next 2-3 days. Technically temporary' bottom has been made by indian stock market and thus can rally till mauimum 3600; however for that Nifty market has to close above the level of 3250.

2. RBI rate cut: RBI Repo rate cut is positive for the money markets and one will be seeing an agressive strategy by RBI where one will see another round of 100-150 bps CRR cut by March and another round of 100 bps Repo rate cut by April is not ruled out and same is to enhance the liquidity in the market. Moreover one can even expect a SLR to be cut by 3-4% points going forward.

3. Forex Update: Forex System 100% Monthly is a reality in this world as it is a market which never sleeps but for that one has to be adept in the market and is slowly taking off in the Indian stock market scenario. However before venturing do make use of virtual traders contest and paper trading to become a professionsl trader in Forex market. However this market has its risks as till the end of last year people were cribbing that dollar is getting devalued against Indian rupee and dollar was being valued at Rs 39 per dollar whereas exactly 10 months later dollar is trading at Rs 50 per dollar. So all markets have the inherent risks. So if you want to be the next Warren Buffet of India than undertake the actions in stock market or any kind of money market by keeping the emotions under control and a lot has been written by me on said subject and said links can be assesed in side bar under the heading "Emotions Affecting stock traders"

4. Indian share market tips profit: HDIL shot up by approx 20% and gave proft of Rs 3080 , TISCO rose by 11% and gave return of Rs 2400,ITC gave profit of Rs 415 for every 100 shares traded as per the recommendation. Rolta did not reach the entry price for the stock and thus trade was not executed.

5. NSE tips for Strong Futures

Indian bk
Iob
Mphasis
Dr.reddy
Hind uni lvr
Tvs motor
Gtl
Bob
Satyam
Syndicate bk.

6. Stock Index Trading with Weak Futures: Nagarjuna constr, Patel eng, Welspun, Aptech, S kumar, Jsw steel, Sterlite technol, Baja hind, IVR prime & NDTV.

7. Intraday, Short term tips

Buy TISCO>282.5,288.298 sl 279.5
Buy LILT>144.5,147, 150 sl 142
Buy Mundra port.441.1,450,464 sl 435.8
ABB>673.1,678,687,700 sl 669.5
Buy RPL>108.1,109.2,111.9 sl 106.5
Buy SBI>1505.1,1521,1555 sl 1499

NOTE: Do not fall for those propagating make 10% per month or double money in a year. You will lose your principle also.