Free Indian Stock Tips - 10-June-2008

1. Indian stock market technical analysis: It was a bad day for the Indian stock market and same was accurately predcted yesterday. Nifty touched this year low at 4411 and thus downward trend is in progress and the Indian stock market (Nifty) has support at 4375 and resistance at 4650-4750. However a technical bounce back is not ruled out as such high oil prices can not be sustained but the worry remains in form of inflation and interest rate. It appears that market may see this kind of volatility for next few days which may range upto 6 months. One should be ready with cash to do some bottom fishing around Nifty 4200-4400 level. Downward spiral may continue as corporate profitability is likely to be under pressure.

2. Results of equity intraday delivery and day Trading stocks recommeded previous day: ZICOM ELECTRONICS did not reach the entry price, Dr Reddy gave a profit of Rs 330 and Air deccan did not reach the entry price.

3. Nifty Futures Analysis:Strong Future Stocks

Lupin
Cairn
Mphasis
Nicholas Piramal
National Aluminium
Sun Pharma
Ranbaxy
Jsw Steel
Infosys
Dr Reddy

4.Nifty Futures Analysis:Weak Future Stocks

Unitech
Ansal Properties
Peninland
IDFC
Bombay Dyeing
India Info
Neyveli
Lanco
Bharat Petro
Sobha

5. 100% Profit In Indian day trading stock tips by virtue of analyzing Indian Stock Market daily:

Buy CAIRN>301.1,305,308,310 sl 298.7
SELL Infosys<1879.5,1869,1836 sl 1887.1
Buy Dr Reddy>714.5,717,734 sl 706