Global indices almost in negative trend, Indian markets also play in flat or bear trend.
Outlook is bearish and volatile. We continuously recommended to avoid long. But one-thing must buy value scrips at lower level systematically to get short term gains.
Telecom scam, Promoter holding pledge, Alleged Mining, IT raids are most active news now.
Worst topics: Global financial crises, Rising Inflation, World economy slow down, Crude volatility, Rising bank rates, etc. CBI investigations in many corporate houses, shares of these companies in news.
BSE SENSEX - NSE NIFTY
| Index | Support | Resistance | Trend | Month |
|---|---|---|---|---|
| NSE NIFTY | 4500 | 5250 | Bearish | September 2011 |
| BSE SENSEX | 15000 | 17500 | Bearish | September 2011 |
Stock Market Advice
Did you know? above 90% of day traders loss their wealth in margin trading, please don't join in this list.
Performance of Tips
Alfa Laval, CCL Products, K S Oils, Axis bank, Shalimar Paints, Tata Investment Corporation, Axis IT, SKS Microfinance, Bajaj Finserve, Reliance capital...recently recommended scrips. Provider of free tips but paid performance.
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Most of recommended securities for investing, Intraday, BTST performing well. See the previous posts to know the past performance of recommendations.
Stock Investing - Intraday Stock Trading and Strategy
Kale Consultants Limited
Kale Consultants is a leading solutions provider to the global Airline and Travel industry.
Stock price now Rs. 87.
Buy with stop loss of Rs. 84.
Target price is 95 to 100.
This is pure intraday stock pick. Book profit at higher level.
Ganesh Housing Corporation Limited
Ganesh Housing is one of the leading builders and property developers.
Share price - Rs. 132.
Buy with stop loss of Rs. 125.
Price target is 145 to 150.
This is pure intraday trading idea. Book profit at higher level. Follow strict stop loss.
Update on 21-Sep-2011 before Indian stock exchange open.