Edit this postNifty Tips | Sensex Tips | Indian Stock Market | Stock Tips for Tomorrow
Market as of now is looking weak, however due to oversold condition in the market, one may see a technical bounce back. This downtrend in the market can be attributed to the strengthening of the dollar. Sensex level of 15999 needs to be watched as it is a psychological support.NSE BSE advancement of timings is yielding the profit for the exchanges as it has led to an increase in the volumes and of course the cash registers are also ringing. However the stress factor is increasing among the traders and same needs to be understood that SGX Nifty is not showing any change in the volumes.
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Support and Resistances
| Indices | Support | Resistance |
| Support | 4673-4499 | 4928 |
| Resistance | 15628 | 16514 |
Jackpot call was a real Jackpot as sell call yielded a handsome profit of 7.5% and in all yielded a profit of Rs 2635 for the trade.
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Day Trading Equity Calls
The total profit for the same was Rs 8750 as it was a combination of short and long calls.
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F&O Tips
The total profit in this segment from these calls was Rs 12340.
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Weak futures
ICSA, Orchid Chem, GMR Infra, LITL, Bajaj HInd, Renuka, IOB, Ranbaxy, EKC & JP Associat.
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