Indian Share Market Prediction | India Share Market Watch | Make Money with Trend Analysis
On the option front, implied volatility has once again increased by 150-200 basis point on account of extremely high intra-day volatility, pointing towards high volatility in the coming days.
Thus one has to be careful these days and should trade with stop loss as one can be caught surprised as the technical bounce back is with a vengeance and this has led to shorts being trapped badly.
| Index | Support | Resistance |
| Sensex | 15899 | 16156-16280 |
| Nifty | 4699 | 4784 |
Share Market Today
India has a reason to cheer as positive statements from the government helped the markets close in green after an extremely volatile trade. Sensex gained 151 points to close at 16063, while Nifty finished at 4765, up 55 points. BSE Mid-cap and Small-cap indices gained 2% and 1.8% respectively. Another booster factor is that union cabinet today decided that there should be at least 10% public holding in all profitable state runs firms. BSE advance-decline ratio stood at 2.2:1.
The government has also decided that proceeds from divestment of equity in state-run firms can be directly used for capital expenditure on social sector programmes, rather than routing it through the National Investment fund. Commenting on the proposed new direct tax code, the Finance Minister said that the aim is to lower tax rates. Airline stocks also surged on the back of reports that FDI norms in aviation will be reviewed.
India Day Trading Stock Tips | Result Analysis
| Stock | Profit (Rs) |
| Tip1 (small cap) | 235 |
| Tip2 | Trade not initiated |
| Tip3 (sell call) (small cap) | 315 |
| Tip4 | Trade not initiated |
| Tip5(mid cap) | 640 |
| Tip6 | 6490 |
| Tip7(mid cap) | 625 |
| Tip8(mid cap) | 990 |
F&O Share Market Tips | Result Analysis
| Share | Gain (Rs) |
| Tip1 | 22442 |
| Tip2 | 19200 |
| Tip3 | 17912 |
| Tip4 | 21987 |
| Tip5 | 6930 |
Jackpot Tip | Precision Stock Analysis
It was a great day and additional jackpot tips were also given early in the morning as all were precision guided tips and thus you will find more than one tip was given for the day, as our aim is that the readers should be able to make money from the market and thus we provided additional tips. All given tips all targets were achieved.
| Stock | Profit: Per Rs 50000 Trading Cash Segment |
| Tip1 | 2500 |
| Tip2 | 6750 |
| Tip3 | 2980 |
| Tip4 | 2690 |
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PowerGrid to raise Rs 3,000 cr via bond sale
Kraft Foods Q3 net drops 39%, remains interested in Cadbury
Gold sale to RBI fetches good priceTrading Tactics. Gold sets new peak at $1094.40
Telecom Subscription in India Crosses 500 Million Mark!
- Total Telephone subscriber base has reached 509 Million (Wireless subscription reaches 471.7 Million, Wireline subscription declines to 37.3 Million) 14.98 Million new additions in Wireless segment Wireline subscription declines by 0.02 Million.
- Overall Tele-density reaches 43.50 Broadband subscription is 7.21 million
Kingfisher to lay off nearly 100 pilots
Godrej eyeing Rs 1,000 crore acquisitions globally
Vodafone launches per-second billing plan in Delhi
Ambani gas dispute back to square one as judge quits
World Bank sees stronger China GDP growth in 2010
Longer trading hours? From next month!
Google Voice Search now on Nokia S60 Phones.
Maytas Infra has bagged an order worth Rs. 7.90 bn from IL&FS Transportation Networks for road construction work. The company has been awarded the Pune-Sholapur road contract worth Rs. 7.90 bn.
Wipro acquired the Yardley business in Asia, Middle East, Australia and certain African markets for USD 45.5 mn from UK-based Lornamead Group. The revenue run-rate of the business for FY10 is USD 24 mn. The transaction is expected to be completed by December 2009.
JSW Steel said its production rose by 34% to 4.53 lakh tonnes in October on account of robust demand. The company's crude steel production in October 2008 was 3.38 lakh tonnes.
Share Market Newsletter for varied Stock News
Scooters India reports net loss of Rs 5.94 crore in the September 2009 quarter
Polytex India reports net profit of Rs 0.01 crore in the September 2009 quarter
Coromandel Agro Products and Oils net profit declines 68.57% in the September 2009 quarter
Kaashyap Technologies net profit declines 18.52% in the September 2009 quarter
Parle Software reports net loss of Rs 5.06 crore in the year ended July 2009
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Global Update
US stocks surged, sending the Dow Jones Industrial Average to its biggest gain since July, as jobless claims and worker productivity beat estimates and Cisco Systems Inc. said an improving economic spurred a rebound in sales. The Dow Jones, S&P 500 and NASDAQ gained 2.08%, 1.92% and 2.40%, respectively. Cisco, the biggest maker of networking equipment, gained 2.8% as earnings topped analyst estimates and the company expanded its stock buyback plan by USD 10 bn.
The benchmark FTSE 100 rose for a second day, rebounding in afternoon trade after better-than-expected employment figures in the US helped offset declines in Cable & Wireless Plc and Vedanta Resources Plc. The FTSE 100 Index advanced 17.75 points, or 0.35%, at 5,125.64. Tesco Plc climbed as Belgium’s Delhaize Group, which owns a supermarket chain in the US, raised its forecast for the year. Cable & Wireless Plc led declining shares, slumping the most since May, after reporting sales that missed analysts’ estimates. Vedanta Resources Plc lost 2.1% after posting lower first-half profit.
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