F&O expiry is like a bolt from blue and one has to be careful as many reversals occur during the day and trade by being present near the trading terminal as historically volatility is maximum on expiry day.
Avoid putting the stop loss for first 15 minutes in system and see the stock movement visually. The support and resistance for the indices which world tracks are as stated below:
| Index | Support | Resistance |
| Sensex | 16425 | 17076 |
| Nifty | 4899 | 5021-5081-5161-5250-5500 |
Advance decline divergence is being seen in relation to Nifty and thus ideal is to wait and watch and let the trend to be clear. Sitting on cash in the side is also a strategy to make money from the market. It will be an ideal situation if one can avoid trading today and sit back and relax. The screen shot shows the state of Indian market for itself. The below screen shot is for the short term depiction of the stock market of India.
However short term volatility keeps occuring in the market as long term trend is up and intact in the market and same is visible with the screen shot as shown below. The below screen shot of Nifty is for Long term.
As we have seen that aggressive profit taking in frontline stocks after a 5-day rally dragged the Indian market down in the last hour of trading. The reason for the fall in the market can be attributed to weak Asian cues, shuffling of positions on account of derivatives expiry on Thursday and caution ahead of the U.S. Federal Reserve's rate-setting announcement.
BSE NSE Tips Results for Day trading Subscribers Who Access this data by Password or by Email
As you can see from the results below due to prevalent uncertainty in market at present juncture a number of tips did not reach the entry price and thus traders are alerted before hand only that today condition is not ripe for the market to trade and thus they do not enter in a loss making trade.
| Stock | Profit (Rs) |
LIC Housing Finance | 490 (reversed short of first target) |
| HDFC | Recommended stock did not reach entry price level. Trade not initiated for day trading. |
| Infosys | Recommended stock did not reach entry price level. Trade not initiated for day trading. |
| LITL | 250 |
| SBI | 1365 |
| Bharat Forge | Recommended stock did not reach entry price level. Trade not initiated for day trading. |
| Ranbaxy | 975 |
| Reliance Infra | Recommended stock did not reach entry price level. Trade not initiated for day trading. |
Future and Option Tips Result Analysis for Paid Subscribers
| Tip No. | Profit (Rs) |
| Tip No 1 | 13600 |
| Tip No 2 | 2112 |
| Balance Tips | Not Initiated due to non reaching the entrance price |
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