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Free Investment Advice Indian stock market | 20 Jan 2009

Invest and Make Money in Share Market of India

NSE Nifty has to close above the level of 2876 to target the level of 3000 mark. For Sensex if it closes above 9400 level it will be good for the market. As a thumb rule book profit in any rally. Sensex support is at 9200 and Sensex resistance at 9528-9708. NSE Nifty support exists at 2740 and NSE Nifty resistance exists at 2870-2922. One must be cautious if the level of 2739 is broken on down side. The present rally in share market will be led by Reliance group stocks.

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Neyveli lignite profit for day traders was Rs 270, Balrampur chini gains for traders by day trading was Rs 165, BHEl returns from the stock were Rs 1800,  M&M profit was marginal to the tune of Rs 100 and Maruti did not reach the entry price and thus the trade was not executed.

Hot Stocks of India Ready to Soar

Buy Reliance infra>541.1, 547.5,551,559 sl 537.6
Buy Neyveli lignite> 77.1,79.05,81 sl 74.9
Buy NTPC>179.1,181.25,184 sl 177.9
Buy Reliance Capital>432.1,436.1,438,444 sl 427.7
Buy Balrampur Chini>54.8,56.15,57.55 sl 53.3
Buy Reliance>1233.1,1250,1270 sl 1228.8
Buy Adlabs>183.1,186.35,190 sl 177.8

Stock Market Information strong futures

Jet Airways
Balram Chin
Neyveli
Triveni
Hind Petro
Nucleus
Renuka
Ambuja Cem
BEL
Can Bk

Technical Analysis Charts Suggesting Weak Future Stocks

Punj Llyod
Star
BRFL
Ivrcl Infra
Mah Life
IVR Prime
Siemens
KPIT
Rel Capital
Gitanjali

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