Indian mkt recovered courtesy short covering at lower levels and Finance Minister Pranab Mukherjee's talk that FY10 growth would be above 6% despite deficient monsoon rains. However do not jump the gun and keep Sensex level 14849 under watch as its break means that Sensex finds support at 14611-14531 with resistance at 15351. Nifty support exists at 4325-4253 with resistance at 4527. Presently Nifty is trading sideways.
Free Indian market newletter result
Axis bank gains for the day were Rs 2590, ICICI bank was not to be traded as its open and high were the same, Kotak bank made money Rs 1770, Hind oil exploration (HOEC) made money Rs 690, TCS made money Rs 1690, sell tip in BPCL generated returns of Rs 870 for every 100 equity shares traded as per the given tip. SBI and Bombay Dyeing did not reach the entry price and thus trade was not executed. Yesterday Delivery tip stock sky rocketed with a single day gains of 4%. Hope all those urging for delivery tips have benefitted from the same. Do not get perturbed by more number of tips as some tips are designed not to reach the entry price to safeguard and trade only in those tips which cross the entry price in a slow and steady manner.
Intraday trading in India with expert tips
Buy Gail>331.1,335,339 sl 324
Buy Telco>431.5,435.8,445,449 sl 419
Buy Axis Bank>871.1,876,884,895 sl 859
Buy ICICI bank>721.1,727,733 sl 714
Buy Kotak Bank>731.1,738,741.9,749 sl 725
Buy Hind oil exploration>201.1,203.9,208 sl 196.8
Buy TCS>545.1,549,555,558 sl 538
Buy Tata Power>1277.1,1284,1289,1298 sl 1261.9
Buy Ranbaxy>281.1,284,289 sl 273
IPO update
Subscribe to NHPC IPO for quick listing gains.
NSE strong futures
Bharat Forge,Patni,Cummins India,Shree Renuka,Tata Motors,FSL,HCL Tech,Mphasis,Jindal Saw & GT OFFshore
BSE Weak futures
Suzlon,Chambal Fert,Divi'S Lab,Indn Hotels,Nagarjun Fertil,Patel Engineering,Hero Honda.Pantaloon Retail ,Educomp & MLL
Call to the Nation
Let us all together condemn the conviction of Burmese pro-democracy leader Aung San Suu Kyi as the same is a design to keep her away from year 2010 elections.
