Shares Investment Technical Trading Tips: 31 Dec 2008

BSE NSE :Stock Market Index of India

I have stated earlier also that we are in a pull back rally and this trend may be seen till mid Jan 2009 and thereafter a down trend will commence due to poor corporate results. Thus use the opportunity to book profit out in this rally as being liquid with cash is best bet. One can see Nifty maximum touching the levels of 3050-3150. BSE Sensex support exists at 9495 and Sensex resistance exists at 9675-9990. NSE Nifty support exists at 2900 and Nifty resistance exists at 3035.

Expert Tipz profit for Day Traders of India

SBI gave profit to tune of Rs 2725, BHEL gave returns of Rs 2700, JP associates gainz were Rs 470, Ranbaxy gains were Rs 930,  RCOM made money in stock market by day trading a sum of Rs 1780, Union bank profit was Rs 285 and RPL did not reach the entry price and thus the said trade was not entered.

Indians Trade with Tips based on Technical Analysis

Buy RCOM>232.1,235.3,240 sl 228.8
Buy Cairn>173.1,176.9,180 sl 168.9
Buy Adlabs Film>175.1,177,178.25,182 sl 172.5
Buy Nalco>188.2,190.3,194 sl 184.2
Buy SBI>1293.1,1300,1308 sl 1288.8
Buy GMR Infra>76.1,77.5,79.7 sl 73.5
Buy BHEL>1383.1,1396,1400,1410 sl 1375.8
Buy JP associates>85.1,86.5,89 sl 83.8