It can be called as a relief rally as Nifty is facing stiff resistance at the levels of 5330. Analysis of momentum oscillators suggests that bear onslaught is intact. Nifty is going to face support at 5200-5170-5155 levels.
The level of 5170 holds all the more significance as it happens to be its 200 day moving average (DMA) and any break of this level with volumes means that bears will emerge winner in taking the index down. The ideal opportunity to make money in the market is to use the money making tip and just trade like professionals and pocket the profit in less than 2 hours every day. The overall market breadth was negative as 1,707 stocks declined against 1,186 advancing ones, on the BSE. Volatility will be the order of the day as present week expiry is going to take place.
Analysis of derivative segment suggests that 5200-5100 levels in Nifty are likely to provide strong support to the index as fresh Put writing is being seen at these level in ongoing series in derivatives market.
Click Here to Get Free Stock Market Tips & Free E-book in Email
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5200-5170-5080 | 5250-5300-5350 |
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 | 32590 |
Click Here to Subscribe for Daily Intraday Money Making Tips
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 58680 |
Click Here to Subscribe for Daily NSE Future and Option Tips
Strong future shares at National stock exchange
VIP Ind, Yes Bank, Bombay Dyeing, Welcorp, India Cement, Mcleodruss, Voltas, Tech M, Bata India & Unitech.
Weak future stocks at NSE
NCC, TVS Motor, Renuka, Adanient, HDIL, Finan Tech, DCHL, SRE Infra, Pantaloon & Tata Power.
Click Here to Get Free Future and Option Tips in Email
If you like our post than do not forget to refer our NSE India 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. You can get more info on subject by searching at Google, Facebook, Yahoo or Bing by using the following search engine phrases to get an accurate and correct answer to your query.
nse indices, bse nse india, bse india, nse india live, nse india ipo, nse india exam
If You Enjoyed This Post Please Take 5 Seconds To Share It.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
