Best Stock picks | Indian stock market trading | 12 Feb

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Stock Exchange Trading  | Market Review

Market is likely to be trading sideways or weak unless US markets i.e. Dow and Nasdaq close positive tomorrow morning. Thus keep an eye on US market closing which will determine the trend for NSE and BSE. BSE Sensex support exists at 9501 and has to cross resistance at the level of 9851. NSe Nifty support exists at 2901 and resistance for the same exists at level of 2975.

Stock market investing | Results

Akruti profit is Rs 1400, Maruti profit for day traders is Rs 2300 for only 100 shares traded as per the given tip. Akruti, JSW steel, bajaj Auto and BHEL did not reach the entry price level and thus trades were not executed for day trading.

Short term trading | Stock market school

Buy Adlabs Film>173.1,175.4,177,180 sl 169.8
Buy JB chemicals>41.1,41.9,42.5,43 sl 39.5
Sell Hind Zinc<335.9,330,329,320 sl 340.5
Buy Dredging Corpn>237.1,244.9,250 sl 233.8
Buy SBI>1165.1,1180,1200 sl 1157.8
Buy BHEL>1455.2,1463.8,1480 sl 1448.8

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Strong Futures
WWIL, Renuka, Amtek Auto, BEML, Sesa Goa, Polaris, GE Ship, Ansal Infra, Nagar Fert & Maruti
Weak Futures
DLF, Aban, GDL, HDIL, Network 18, Jindal Saw, KPIT, Tulip,Omaxe & Bajaj Hind

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