Daily Free Stock Market Tips of India Producing Profit | 15 May

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Directonal Tip for Global and Stock market of India

One has to be on cash as exit poll results are disappointing and thus one may have to wait till Monday to get the corretc picture. It is highly possible that exit polls go wrong as it happened last time and market may see something unexpected like the Third Front. However to us it appears as remote, but one never knows and thus market can behave unexpectedly. Future and Options Traders can execute a straddle to get benefitted from wild swings of the market in wake of uncertainity. However do not execute naked calls or Puts. One has to keep an ye on Dow Jones which will tell us the likely direction of market and thus keep track of Dow Jones breaking 7999 level. Sensex support at 11500 and resistance at 12272-12569-12857. NSE Nifty support exists at 3535 and resistance at 3800.

Day Trading Profitable Tips Results
Yesterday tips given yielded handsome profit for day traders and that too on the day market was trading with the negative sentiment. Bajaj Auto was the star of the day and produced a profit of Rs 6600, Kotak bank returns for day traders were Rs
1290 for every 100 shares traded at the bourses as per the given analysed recommendation which are being tracked globally. ICICI bank, Axis Bank and Fortis did not reach the entry price and thus the stock was not traded. DLF was not to be traded as its day low and day open were the same.

Trading Tips for day Traders
Sell ICICi Bank<528.8,524,514 sl 535 Buy Kotak Bank>505.1,509,513,525 sl 498.8 (Kotak gets approval for bourse investment)
Buy Bajaj Auto>811.1,819,822,829 sl 805
Buy Aban>511.1,514.5,519,529 sl 505
Buy Bombay Dyeing>217.1,222.5,229 sl 212.8
Buy Bharat Forge>150.1,151.9,155 sl 145.9
Buy Patel Engineering>214.1,217,220.9,224 sl 208.8

National stock exchange strong futures
HTMT Global, 3I Infotech, Jindal Saw, Yes Bank, Bajaj Hind, IDFC, HDIL, Maha. Seamles, Kotak Bank & Patel Eng.

NSE Weak Future shares
Sterlin Bio, India Cem, Biocon, Hind Uni Lvr, Essar Oil, ONGC, TTML, Ambuja Cem, Indian Bank & Colgate Palmolive
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