The correct direction of the market is likely to be visible in the coming few days. We have already given the list of stocks which are going to get benefited by virtue of the budget which was awaited with keeness and same has given positive surprises in the market and a salaried class person drawing more than Rs 3 Lakh is most happy by virtue of the tax breaks granted in the ensuing budget.
Click Here to Get Free Indian Share Market Tips in Email
However diesel and petrol are costlier by more than Rs 2 plus and is opening the way where the gap between diesel and petrol is going to be reduced considerably in near future. Keep the given below support and resistances under observation in the Indian stock market.Nifty has to close above the level of 4950 to show some confirmed uptrend. The closing has to be on two consecutive days for Nifty to be able to target the level of 5050. Short term trend is negative in the market and one needs to keep the eye on the volumes being generated by the foreign and domestic institutions and same will give the correct direction to market.
| Indices | Support | Resistance |
| Nifty | 4850 | 4950-4975-4993-5068 |
| Sensex | 16200 | 16714-16965 |
Click Here to Get Sure Shot Profit from Jackpot Call
We had taken a break for 26 Feb to observe the major event in form of Budget 2010 presentation and thus no tips were given for the day. However for the day prior to budget profit generated for Jackpot call was Rs 1430 for Rs 50,000 trading, Day trading gains were Rs 4760 and Future and options tips profit for the day were Rs 11475 by trading one lot.
Click Here to Subscribe for Day Trading Tips Plan
Subscribers Click on Specified Newsletter by Clicking on the Link and entering Password to Access Money Making Tips.
Strong future Tips at National Stock Exchange
Hero Honda, Hindalco, Sesa Goa, Glaxo, Piramal Healthcare, IDFC, Axis Bank, Siemens, Maruti & RecltdWe had taken a break for 26 Feb to observe the major event in form of Budget 2010 presentation and thus no tips were given for the day. However for the day prior to budget profit generated for Jackpot call was Rs 1430 for Rs 50,000 trading, Day trading gains were Rs 4760 and Future and options tips profit for the day were Rs 11475 by trading one lot.
Click Here to Subscribe for Day Trading Tips Plan
Subscribers Click on Specified Newsletter by Clicking on the Link and entering Password to Access Money Making Tips.
Strong future Tips at National Stock Exchange
Weak futures at National Stock Exchange
Bajaj Hind, Renuka, EKC, ICSA, FSL, Polaris Software, Balrampur Chini, Dish TV, Tata Comm & BEML.Click Here to Subscribe for Paid Future and Option Tips Plan
Click Here to Get Free Indian Stock Market Tips in Email
