Good news is that daily trend of Nifty has changed into an uptrend and this will remain so till the time the sanctity of 5400 level in Nifty is maintained. Moreover Nifty 5500 will also act as a psychological barrier and we see Nifty touching 5584 level soon. The bullishness with selling pressure at higher level continues due to a technical wedge formation on the charts, which can take the market to higher levels from hereon. Further movement will occur in market if Nifty is able to move past 5650 with conviction and volume. The market breadth was positive with 1831 advances as against 1001 declines on BSE. Thus use the opportunity to make money while the sun shine with 100% accurate share tips by undertaking precision trades in the market.
An area of concern is that India’s economy grew at the slowest pace in five quarters as manufacturing and services cooled, a moderation that has yet to curb pressure for more increases in interest rates to damp inflation and on the positive side in global market as investors are speculating that European officials will sanction additional financial assistance for Greece. U.S. futures and Asian shares advanced.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5500-5400-5300 | 5585 |
| Sensex | 18325 | 18560-18700 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1840 (Rs 50,000 Trading) |
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Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 42770 |
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Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 65890 |
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Strong future shares at National stock exchange
Punjlloyd, Ranbaxy, Dish TV, S Kumar, Dabur, Mundra Port, Sintex Ind, Bata India, Asian Paints & Lupin.
Weak future stocks at NSE
KS Oils, Pir Health, Jindal Saw, Tata Global, NCC, Balrampur Chini, PFC, SBI, Core Protect & Tata Motors.
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