1. Indian stock market tip: The share mkt is likely to be be volatile as derivative contracts for December 2008 series expire on Wednesday, 24 December 2008. Lower advance tax receipts is also a matter of concern. BSE Sensex support exists at 9895-9630 and Sensex resistance exists at 10060-10324. NSE Nifty support exists at 3000 and NSE Nifty resistance exists at 3113-3145. Keep an eye on Sensex level of 9894 if broken can lead to again a bear rally. Due to Christmas holiday and advancement of derivative expiry short covering will be the order of the day and thus market is likely to show a positive bias.
2. Intraday Analyzed tips profit: Hindalco returns were Rs 110, Power grid, Larsen and Toubro and Bharti airtel did not reach the entry price and thus trading was not executred for the said stocks, Voltas gave profit of Rs 65, Axis Bank gains for the day were Rs 970, Bajaj Hind profit was Rs 215, IVRCL returns in a single day tip were Rs 1060 and Punj llyod gave profit to the tune of Rs 585.
3. Trade in BSE and NSE with strong futures data
HDIL
DLF
Matrix Lab
Patel Eng
Purva
Unitech
Educomp
Bindal Agro
Aptech
Suzlon
4. Investing in contratrend scrips identified with Weak Futures data
J Stainless
Satyam Comp
Bhusan Steel
Birla Jute
Rolta
Redington
Jindal Saw
Nucleus
Sterling biotech
Gt Offshore
5. Great accurate tips technically correct for day trading
Buy Cairn>161.1,165.8,166.35,170 Sl 158.8
Buy Ranbaxy>222.1,225,226.3,230 sl 218.8
Buy Bharti Airtel>723.1,732,743 sl 718.8
Buy Larsen and Toubro>820.1,836 sl 814.8
Buy Power grid>84.55,85.45,87.5 sl 82.4
Buy Axis Bank>542.1,550,556 sl 537.4
Buy IVRCL>151.1,152,156 sl 148.8
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