BSE and NSE were trading down for past 2 days and we have announced publically that technically market is down, though it is trying to move up and thus one can use the opportunity to book profit and one will again get an opportunity to re-enter at lower levels. Globally signs of slowing U.S. growth (Federal Reserve cut its growth forecast for the U.S economy this year ) shows that time has come to book out with profit and re-enter at lower levels or trade in specific stocks as market is showing action in certain news driven stocks only and for that your most use accurate, reliable and best source for NSE and BSE share tips info as it is the only way to become a millionaire from stock market. As an Indian we are proud that Indian currency has got its own symbol.
As a stock trader one must keep an eye on the monsoon as it has a direct impact on country economy and agricultural stocks 13 percent below normal and rains are unlikely to revive significantly next week, Now for the banking sector, we need to keep an eye on Reserve Bank of India which is going to raise its key policy rates by at least 25 basis points during its review of monetary policy which is likely in the end of this month. 
If we undertake the Nifty future prediction, than we do not see it going beyond 5525 levels in present scenario as market is appearing to be tired.
It makes sense to not to keep on listening to CNBC TV 18 or NDTV Profit as they are only telling information which is good for their interests and their interest is looked after if market keeps on rising as they keep on getting high TRPs and of course advertisement revenue. Thus listen to them with a pinch of salt and make an informed and judicious decision after consulting your financial advisor. The situation is amply demonstrated in the stock market cartoon.
Well it appears that merger news approved by Union Cabinet for SBI and State Bank of Indore is not going down well with market and it has given a thumbs down to SBI, however in long run it is going to give more value to this stock.
Stock specific News
Axis Bank has shown a 32% rise in first-quarter net profit. and Tata Motors has reported 46% growth in its global vehicle sales for June. Tata Steel has proposed raising about Rs 1,600 crore via a preferential allotment of shares and warrants to its promoter Tata Sons at Rs. 594 per share.
Analysis of derivative segment data suggests that 2.30 lakh shares have been added in the open interest and same is with small increase in the cost of carry, and it shows that people are going long at lower levels. Further digging down the data for option front, suggests that IV ( implied volatility ) has decreased marginally, and it shows that market will continue to trade with a positive
bias and levels of 5300-5350 will provide good support levels for the mkt.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5350-5288-5265 | 5393-5417 |
| Sensex | 17875-17650 | 18356 |
| Stock | Profit (Rs) |
| Tip | 1760 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 34570 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 46855 |
DLF, Bharat Forg, Educomp, Orchid Chem, Titan, Polaris, Tata Comm, Sintex, Patni & Tulip.
Weak future stocks at Bombay Stock Exchange
RNRL, TV-18, ACC, Ambuja Cement, HCL Tech, Rel Infra, Gail, Uniphos, Sesa Goa & Sail Ltd
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