As we had stated that Nifty 5130 is an important level which if not breached than we are going to see a smart up move in the market. However same is valid till the time market respects the given level. Now the trend in short term appears to be technically positive and market can move to the levels of 5400. BSE advance-decline ratio stood at 2.7:1. If you feel that stock market trading is your forte than do not forget to check out Nifty tips and make money the way professionals are making at dallal street.
All those looking for home loan can hurry now as teaser rates by PSU banks may be discontinued. PSU banks may
be better as SBI and its similar name type banks are still providing the teaser rates where first year rate of interest is 8% and subsequent 2 years rate of interest is 9% each and thereafter it becomes ( prime lending rate <PLR> - 4.75%). Home loan is one loan which one must take as one gets tax incentive and one can keep personal cash with himself and work on borrowed capital.
A wise man can own a house by virtue of saved income tax component and accrual rental income from the house bought with home loan. Just thought to apprise you about the latest prevailing rates of interests. These are official rates and one can negotiate these rates and can get a good deal. All bank managers have some thing up their arm to get the customers and need be one can speak to the manager of the bank as they hve the set targets to achieve in a financial year. Mar can be ideal month as people are fighting against time to complete their targets to get the promotions due to them.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5199 | 5416-5490 |
| Sensex | 17499 | 18077-18318 |
| Stock | Profit (Rs) |
| Tip | 2940 (Rs 50,000 Trading) |
| Share | Gains (Rs) |
| Tips | 43970 |
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 67680 |
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Strong future shares at National stock exchange
Fortis, Welcorp, BRFL, Siemens, Polaris, Max India, Dish TV, Sintex Ind, TV 18 & Andhra Bank.
Weak future stocks at NSE
Unitech, BEML, IVRCL Infra, Punjlloyd, Moser Baer, Escorts, Reliance, Rcom, MLL & Orbit Corp.
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