As we had suggested yesterday that profit booking can commence and market can fall till 5570-5550 level and the fall has commenced today with political worries in the market. Heavyweight, Reliance decline has again commenced and if it falls below 820 levels than it can fall till 750 which can be a fantastic price to acquire this stock. Market breadth was positive as out of 2,959 stocks traded, 1,502 advanced while 1,312 declined in trades. Technically still daily trend of nifty is in up trend and thus making money with sure stock tips is all the more easier as it is the easiest way to make money in 2 hours and we hope that you can at least devote this much time for the day trading. Analysis of derivatives segment suggests that there is strong support existing at 5,500 level as traders are hedging their long bets by buying 5,600-strike put options.
The trend will get the support as Fiis are buying as of now whereas the Diis are selling and obviously Fiis have more power than domestic institutes. Thus do not blindly short the market as your short strategy may boomerang. Midcaps and select stocks are going to participate in the rally as these have been left behind in past 400 points up move. Financial and FMCG sector is going to be the biggest beneficiary as FMCG is everybody’s friend in the times of high inflation.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5570-5550 | 5700-5750 |
| Sensex | 18635-18562 | 19080 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 2735 (Rs 50,000 Trading) |
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Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 41890 |
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Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 66590 |
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Strong future shares at National stock exchange
TTML, Renuka, Punjlloyd, Pantaloon, Dish TV, Colpal, Bajaj Hind, MRPL, Rel Capital & RCOM.
Weak future stocks at NSE
GTL, GTL Infra, India Cement, Sterling Bio, Zeel, Reliance, Ambuja Cement, ACC, Sun TV & GVKPIL.
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