Edit this postToday i.e. Friday, we are in for a relief rally as the European Central Bank (ECB) has announced an aggressive bond-buying program that can bring some financial stability to the region.
As a net result of this announcement by Draghi, we will see Indian markets to open sharply higher on Friday as Europe and American markets have surged to new highs on the bold bond-buying plan.
Features of Bond Buying Programme
- ECB will buy bonds with maturities of up to 3 years.
- It will give govts time to come up with long-term response to the current debt crisis.
- ECB will stop buying if a country does not comply with its policy conditions.
- ECB would forgo its senior creditor status on the bonds it purchases
We do hope that European crisis is settled in a pragmatic manner as it has potential to trigger a financial fall out. Now is the time to use the sure stock and make money like Alpha traders.
Support and Resistances for the Day
| Indices | Support | Resistance |
| Nifty | 5200 | 5270-5300 |
Jackpot Tip Profit
| Stock | Profit (Rs) |
| Tip | 1230 (Rs 50,000 Trading) |
Intraday Trading Tips
| Share | Gains (Rs) |
| Tips | 24380 |
Future and Options Daily Paid Tips
| NSE Nifty 50 Stocks | Made Money (Rs) |
| Tipz | 66380 |
Strong future shares at National stock exchange
MC Dowell, Exide Ind, MTNL, Hind Uni Lvr, SR Transports, Auro Pharma, Biocon, Balrampur Ch, Dabur & TCS.
Weak future stocks at NSE
S Kumars, IFCI, Alok Text, Jain Irrigation, Patel Eng, Jindal Steel, Praj Ind, Ibrealest, NCC & Adanient.
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