The trend in Nifty remains in uptrend till the time the support at the level of 4900 is not violated and in Nifty futures this critical support exists at the level of 4880. Now we are going to see make or break as now Nifty has tested its short-term 20 day moving average (DMA) on the daily charts. Thus we can be absolutely bullish only once Nifty starts trading above the level of 5050.
The bias seems to be slightly positive for tomorrow. Thus make use of the available opportunity and day trade with best intraday tip and book the profit same day as beauty lies in getting the profit in the bank and not on the papers.
How Nifty will Open on Friday?
This is a crucial question which is on the tongue of every trader as one wants to be clear in mind before the commencement of the market. A slight positive bias exists for Nifty in case it sustains above the level of 4900 and resistance is likely to exist between 5000-5050-5100 levels. You can check out the exact support and resistances for the Nifty for the day in the below support and resistance table. Now we just need to keep the fingers crossed because if Nifty goes below 4900 on closing tomorrow than daily trend of Nifty will change from bullish to bearish. Nifty in actuality is mirroring the global trends.
State of Market
BSE market breadth was negative on the last closing day with 1,909 stocks declining and 846 stocks advancing from the total 2,868 traded stocks.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 4930-4870-4815 | 5000-5109 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 3230 (Rs 50,000 Trading) |
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Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 41760 |
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Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 69870 |
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Strong future shares at National stock exchange
Wipro, Patni, Havells, JP Power, Raymond, MRF, Zeel, Pir Health, TVS & Tata Chem.
Weak future stocks at NSE
Renuka, VIP Ind, EKC, Ibrealest, Welcorp, HDIL, Suzlon, Bajaj Hind, Delta Crop & Moser Baer.
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