Free Indian Shares & Indices Breakout Report | 02 June

As we had suggested yesterday that intraday trend in market has changed to uptrend and same was effectively seen as market has now become optimistic with negative report and a positive inference has been drawn from it. Market traders are convinced that that monetary tightening is not going to happen in a hurry due to lower fourth-quarter GDP growth along with disappointing data on manufacturing activity and core sector growth. A survey done by HSBC Holding Plc and Markit Economics has revealed that business activity in India's manufacturing sector has moderated to touch the lowest level in four months last month as new order inflows slowed. Now we can see an up move to the levels of 5621-5637 till the time level of Nifty 5560 is not breached and if this level is broken than we see profit bout being undertaken at NSE and BSE and Nifty may fall till 5200 where again value buying will emerge. Thus remember to ride the profit wave by using the nse live intraday tips which will get you sure shot profit irrespective of the condition in the market. The market breadth was positive. Of 2,949 stocks traded on the BSE, 1,795 stocks advanced and 1,005 declined. Real bull trend will emerge in market once Nifty crosses its 200 DMA positioned at 5750 level.

Moreover indications of cooling off of commodity prices amid signs of slowing U.S. growth pointed out that inflation may peak soon giving a much-needed respite to policy makers.  The HSBC Market Purchasing Managers' Index, based on a survey of around 500 companies, fell to 57.5 in May, down from April's 58 points.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5560	5621-5637-5750 (200 DMA)
Sensex	18500	18700-18742

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1130 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	21780

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	39950

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Strong future shares at National stock exchange

Mundra Port, EKC, Asian Paints, FSL, JP Power, Dish TV, Ranbaxy, Bata India, Raymond & Dabur.

Weak future stocks  at NSE

DCHL, Jindal Saw, BEML, Pir Health, Tata Motors, NCC, Sun Tv, KS Oils, Core Protect & PFC.

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