Sure Stock Tips to Make Money : 08 July

Congratulations, as now again the confirmed trend of the market is Up trend and we have been stating the same for past few days by writing it openly here. One can check out previous posts by clicking the older posts link given at the bottom of each post. Now we may see Nifty scaling past 5775 levels and our projection of Nifty 6000 levels by Diwali is achievable. We just need to see if Nifty can sustain above its 200-DMA which exists at 5743 for three consecutive days and if it does than we can bonfire in the market as it indicates a confirmed trend reversal. Now concerns on the Indo-Mauritius double taxation avoidance agreement (DTAA) appears factored in the market as in the long term the same is in the interest of the nation and thus trade with daily intraday tips and make sure shot profit in the share market. The market breadth was positive with 1898 stocks advanced for 968 stocks which declined on the BSE.

Derivatives Data Analysis

The options traders turned buyers in the 5,600-5,700-strikes, mostly to cover their short positions. The 5,800 call added 1.30 million shares in OI through sell-side trades, which indicates resistance above 5,800. The sell-side OI at 5,600-5,700 puts indicating support.

Reliance Magical Level for Trading

Good news is back for Reliance as source from Oil Ministry said that it will approve the $7.6 billion deal between RIL and BP Plc and thus if it moves above 885 than another leg of up move will start in the stock which will also propel Nifty upwards.

Medium Term Concerns for the Market

While the inflation has eased, there are expectations that some amount of weakness may persist in the market going forward because profitability of India Inc. may remain under pressure in the first quarter of FY12 due to surge in input costs, moderation in volume growth and rising competition.

Click Here to Get Free Stock Market Tips & Free E-book in Email

Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5655	5792
Sensex	18950	19240

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1320 (Rs 50,000 Trading)

Click for Daily Sure Shot Tip: Make Money Like Professionals

Intraday Trading Tips

Share	Gains (Rs)
Tips	32480

Click Here to Subscribe for Daily Intraday Money Making Tips

Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	47800

Click Here to Subscribe for Daily NSE Future and Option Tips 

Strong future shares at National stock exchange

Bata India, Dish TV, Renuka, Pantaloon, Godrej Ind, McDowell, Punjlloyd, CESC, Hexaware & Tata Global.

Weak future stocks  at NSE

GTL Infra, LITL, Sun TV, Zeel, GVKPIL, Triveni, LIC Housing, Dena Bank, Union Bank & Ambuja Cement.

Click Here to Get Free Future and Option Tips in Email

If you like our post than do not forget to refer our sure stock tips website to your friends and colleagues. You can find more info related to the share markets of India by searching with the following keywords on the site by using the Google tool as given on the financial blog cum website.

sure stock tips, blog, sure stock tips india, 100 stock market tips, profit sharing intraday tips