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Now we have an an F&O expiry due with Republic Day being on Thursday and thus one can see some profit booking at the higher levels. However Nifty touching the target of 5200 looks possible in present bullish rally and beyond that 5211 will act as a stiff resistance. However be ready to exit if Nifty breaks 5050-5000-4970 mark as it is a first sign that Nifty is sluggish.
RBI has kept the repo and reverse repo unchanged at 8.5% and 7.5%, respectively. It has further kept the Inflation forecast unchanged at 7%. The GDP forecast has been brought down to 7% from 7.6% earlier.
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Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5065 | 5145-5211 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1830 (Rs 50,000 Trading) |
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Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 39575 |
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Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 58950 |
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Strong future shares at National stock exchange
IVRCL, Orbit Corp, NCC, Suzlon, IRB, UCO Bank, Unitech, HDIL, Adanient & ABB.
Weak future stocks at NSE
Dish TV, IGL, Ruchi Soya, Tulip, United Spirits, TCS, Hexaware, Infosys, Gail & Dabur.
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