Dear readers thank you for tremendous response for this site. Not updated in previous session by interruption of network connectivity.
Global indices in positive, Indian markets also perform in positive for today.
Outlook for short to medium term 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
Den networks, HOV Services, 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.
Day Trading - Intraday Stock Trading and Strategy
Hathway Cable and Datacom Limited
Hathway is a cable based internet connection services provider in India.
Stock price now Rs. 89.
Buy with stop loss of Rs. 85.
Target price is 95 to 100.
This is pure Intraday stock pick. Book profit at higher level.
Tata Metaliks Limited
Tata Metaliks are manufacturers and suppliers of iron in India.
Share price - Rs. 80.
Buy with stop loss of Rs. 77.
Price target is 87 to 90.
This is pure intraday trading idea. Book profit at higher level. Follow strict stop loss.
PG Electroplast Limited
Electronic manufacturing services company. IPO new listing company.
Share price - Rs. 420.
Buy with stop loss of Rs. 400.
Price target is 460 to 480.
This is pure intraday trading idea. Book profit at higher level.
Don't hold, Don't hold, sudden falling is expected. Follow strict stop loss, not for hold, sell all your holding at higher level. Sell, sell, sell all your holding at higher level.
Update on 27-Sep-2011 before Indian stock exchange open.