In the present scenario we are seeing that Nifty is respecting the level of 5669 and unless this is broken we may see market moving in a range bound manner with peaking near 5830 level where it faces the resistance. O If you want to make money in fo9rst 2 hours of the day, than definitely the panacea of success lies with our intraday jackpot call which is a 100% successful tip provided to the paid subscribers. BSE advance-decline ratio stood at 1.1:1. Reliance infra as a stock is good till the time it is able to sustain the level of 700. The positive movement if any existing in the market is by virtue of short covering. All eyes are on RBI Monetary policy meet on 25 Jan 2011 and not to forget the number of top stocks Qtr 3 results ranging from ONGC, ICICI Bank, Jindal Steel and Power, HUL, Sterlite Industries, HDFC Bank, Maruti Suzuki, Jai Prakash Associates and mid cap companies include Marico, Havells , Crompton Greaves. Banking and finance sector will show real movement after RBI policy update depsnding on the amoutn of liquidity it will be sucking from the stock market.
One can safely add Reliance, BHEL, ISMT, ITC, MTNL, JB Chemicals, Selan Exploration, Sun Pharma, United Phosphorus, Fortis and Yes Bank into the portfolio as these stocks are likely to give good returns in Year 2011 and one can add these stocks even as a systematic investment plan. However every stock has a correct MRP and entry level and same is available for paid swing cum delivery calls subscribers as aim is to enter at correct time and divorce the stock at equally correct time. Thus do make use of the correct deadline time to mark the entry and exit and make money like professionals at Dalal street. Defencsive stocks are always the best bet in high inflation environment as
Derivative Segment future Prediction: Analysis of derivative data suggests that 14.49 lakh shares were added in open interest with a marginal decrease in the cost of carry, indicating short positions continue to build above 5700 levels. On the options front, implied volatility decreased by 200-300 basis points, indicating we may see some good buying emerging at lower levels and that 5600 on a closing basis remains a good bet for January futures and options contracts.
Globally market will take the cues from Bank of Japan interest rate decision, US fed interest rate decision, US initial job claims, US GDP and EMU consumer confidence and fresh impetus will be accorded to stock market.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5670-5625 | 5733-5800-5836 |
| Sensex | 18900 | 19350-19500 |
| Stock | Profit (Rs) |
| Tip | 1640 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 38760 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 53790 |
Click Here to Subscribe for Daily NSE Future and Option Tips Strong future shares at National stock exchange
BRFL, Orchid Chem, TV 18, Ispat Ind, LIC Housing, HCL Tech, Jindal Saw, TCS, Bank of India & Hexaware
Weak future stocks at NSE
IVRCL Inf, Finan Tech, Orbit Corp, Exide Ind, Zeel, Jindal SWHL, Patel Eng, STR Tech, Nagar Con & Sintex.
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