As we had predicted for the Nifty, it took a plunge and took exact breather at our given levels. Going by the trend in the market, we can see market sliding to the levels of 5400-5350. In short term in its dead cat bounce and relief rally; Nifty 5630 level acts as a stiff resistance. The Indian market fell for a fifth 
consecutive session on Monday, extending last week's sell-off, as risk averse investors moved to the side-lines fearing that the unrest in Egypt could hinder the global economic recovery. Hosni Mubarak posters are being removed in adjacent image which speaks of the power of people rebellion. The uprising against the 30-year rule of Egyptian President Hosni Mubarak seems set to impact stocks across emerging markets this week, as investors, concerned about the impact of the political turmoil on the wider Middle-East region and rising oil prices, may flee riskier markets to traditional safe-haven investments like precious metals and US Treasury bonds. Mubarak's days are numbered and the US is in a quandary and now it needs to be seen if it: can trust a new regime's foreign policy – the implications are huge for the West and Israel. As a net result oil has breached the 28 month high due to fear psychosis and unpredicability as market never likes uncertainty.
That said, the day's upbeat report on December infrastructure sector output and an upward revision to India's FY10 GDP estimate by the government to 8 per cent from 7.4 percent helped limit the loss. Realty, FMCG, telecom, IT, metal, auto and banking stocks bore the brunt of the selling, while capital goods, power, consumer durable and oil/gas stocks saw selective buying. In the broader market, gainers outpaced decliners in the ratio of 1.4:1 on the BSE. Another reason to cheer being an Indian is that Bharti and Google have joined hands to promote rural education.
A lesson which can be learnt for future trading is to keep an eye on key appointment movements as market considers any key person moving out of the company as a great negative factor for the stock. An example of the same can be MindTree today which plunged 5 percent after Ashok Soota, co-founder and executive chairman of the mid-tier IT company, resigned from the company. Another instance which we can remember is of Dr Trehan moving from Fortis healthcare and it also fell substantially, however end of story is always good as good companies do not get affected by move of an individual as Fortis has more than doubled from its 52 week low created and example of Infosys is also a point post Narayanan Murthy retiring from Infosys. However he was definitely a genius as he had built a succession ladder to take care of the company. Thus if you want to stay ahead of the crowd and be a part of the league of traders than use the daily winning stocks as everyday stock specific action is happening irrespective of the direction in which market is moving.
The committee of Justice Shivraj Patil names A Raja, Sidhartha Behura, RK Chandolia for procedural lapses along with other DoT officers. Thus we can say that we are rising at least in the level of corruption where the amount of money which has been gobbled is to the tune of Lakh crores Plus. Telecom sector is under pressure, however IDEA can be accumulated at lower levels by virtue of its good strategies and organisational ability. However another reason to cheer is that India's per capita income is up 14.5% to Rs 46,492.
Derivative Segment future Prediction: Analysis of derivative data suggests that 3.78 lakh shares were added in open interest with a decrease in the cost of carry, indicating short positions continued to build on every rise. On the options front, implied volatility increased marginally indicating volatility will continue to persist in the coming days.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5400-5360 | 5625 |
| Sensex | 17926 | 18880 |
| Stock | Profit (Rs) |
| Tip | 1640 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 38970 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 53850 |
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Siemens, BRFL, Nat Alum, TV 18, BEL, Ispat Ind, Petronet, Titan, HCL Tech & Bank of Baroda.
Weak future stocks at NSE
IVRCL Infra, HDIL, Jindal SWHL, STR Tech, Bajaj Hind, Unitech, Rel Media, Escorts, BGR Energy & Orbit Corp.
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