The Nifty is likely to trade in the 4850-5150 range for 5 sessions and there are signs of increased volatility in coming sessions and thus it makes sense to trade only with sure shot stocks which yield money irrespective of the market as intraday trading is the best bet in high volatility scenario as one is able to close the trade with in same day and is able to carry the profit home. Nifty is showing a negative bias and thus can fall till the level of 4900-4850. Out of a total 2,928 stocks traded, 1,394 declined while 1,397 advanced on the BSE. Do remember to keep date with 16 Sep which is the RBI credit squeeze day to tame the inflation and seeing the hawkish stance, we expect another 25 basis points hike.

Analysis of derivatives data shows that lack of interest is prevalent in 4,800-4,900 calls and 5,100-5,200 puts. Fresh short build-up was seen in 5,000-5,100 calls as players expect the Nifty to see resistance above the 5,000 level. Thus we may see Nifty taking support around 4,900- 4,865 and if it manages to break above 5000 level than it encounters resistance at 5015 level.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	4910-4893	5015-5100-5161

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	2070 (Rs 50,000 Trading)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	38970

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	58790

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Strong future shares at National stock exchange

Arvind, Hero Motors, VIP Ind, Delta Corp, Max India, GSPL, Ambuja Cement, Ruchi Soya, NCC & Hind Uni Lvr.

Weak future stocks  at NSE

Nagar Fert, Jet Airways, Moser Baer, GT Offshore, Educomp, RPower, Triveni, OnMobile, SBI & HDIL.

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