Nifty appears to be in sideways mode with a positive bias and is likely to move with in a band of 4750-5250. Thus one should just trade on intraday basis as we have stock specific opportunities occurring every day and probability of hitting the bulls eye increases 100% with sure stock and one can make daily money at NSE or BSE. No doubt intraday trading which is the mantra to make money in volatile market. Analysis of futures and options data also confirms the bullishness as put writing at strike price of 4900 and call writing at 5100-5200 is occurring which means that 4900 is likely to be a good support and 5200 will be a stiff resistance. Our chart analysis suggests that stiff resistance will occur at 5212.

It was a positive day at the fag end as market ended on a firm note following recovery in the European markets and buying in index heavyweights - Reliance Industries and TCS, ahead of second quarter results. No doubt the results on Saturday have shown that they have beaten street expectations and one way to know the performance of the company ahead of its results is to study the advance tax payment. The market breadth was positive as 1,425 stocks advanced, for 1,330 declining shares on the BSE.

Commodity Market Tips

Metal shares will be going down as demand from China is going down and to add fuel to fire is the inflation monster which if remains high means that another rate hike will be imminent and in turn it would lead to another fall in commodities and commodity based stocks in India.

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Support and Resistances for the Day

Indices	Support	Resistance
Nifty	5099	5175-5212

Jackpot Tip Profit

Stock	Profit (Rs)
Tip	1030 ( Rs 50000 Volume Generation)

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Intraday Trading Tips

Share	Gains (Rs)
Tips	18740

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Future and Options Daily Paid Tips

NSE Nifty 50 Stocks	Made Money (Rs)
Tipz	39780

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Strong future shares at National stock exchange

DLF, NMDC, Bombay Dyeing, IDFC, BEML, Escorts, HCL Tech, TCS, Hexaware & Infy

Weak future stocks  at NSE

Bhel, Tata Motors, Nagar Fert, Dhanlaxmi Bank, Rolta, Pantaloon, Bajaj Hind, Cummins India, Sintex & GT Offshore.

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