1. Indian stock market is in a state from where the downfall can commence and this short term bear market rally may see an abrupt end due to commencement of elections. One must exit all longs if 3299 is broken for safe investors and risk takers can wait till Nifty breaks 3249 level. Book profit in every rally and be ready to deploy cash post elections.
2. Due to poor internet connectivity, will not go into details of profit generated by previous day tips. However a point can be noted for politicians that as per data held with Swiss banks Indian corrupt people hold black money from India to the tune of 2000000 to 7280000 crore rupees.
3. Intraday stock tips India
Buy Redington>140.5,143,144.3,148 sl 137.8
Sell Reliance<1716.8,1710,1700,1690 sl 1723.8
Buy Torrent Power>104.1,108,110 sl 99.8 (trade with caution as its trend is changed)
Strong Futures
Gitanjali, Essar Oil, CMC, KPIT, Rolta, IVR Prime, Bajaj Hind, HCC, LITL & Rel Capital.
Weak Futures
Sterling Bio, Glaxo, Power Grid, Titan, Hind Petro, Infosys Tech, Hind Unilvr, Colpal, Cairn, & Divi's Lab.
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