Free Intraday Tips or Day Trading Tips 06.02.2012



All our Intraday tips or day trading tips and recommendations are selected from the stocks which are traded in high volumes on the last two trading days which are having good chances of profitable intraday or daytrading. Please note that the prices may be going up or down we are not giving any targets in our Intraday trading tips, fix your own target by watching the movement of equities towards support or resistance. Use our Free Pivot Point calculator with in built help and instructions to calculate the values on your own for any of your favourite stocks.





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The following Equities may be traded with adequate stop loss on Monday 6th February 2012

S stands for support
R stands for resistance
LTP stands for Last Traded Price (as on 03.02.2012) in NSE

NSE EQUITY CODE
JKLAKSHMI
DCHL
GULFOILCOR
NEYVELILIG
UFLEX
EROSMEDIA
DEWANHOUS
THERMAX
COROMANDEL
REDINGTON
PRISMCEM
ABGSHIP
JINDALSWHL
THOMASCOOK
BALAJITELE
MPHASIS
NCLIND
PHOENIXLTD
ROLTA
BIOCON
ORCHIDCHEM
20MICRONS
EIHOTEL
HATHWAY
MCLEODRUSS
LTP
56.20 47.85 82.05 97.40 141.45 217.10 246.50 521.25 269.45 78.55 47.90 427.80 639.20 41.95 41.70 374.50 46.80 175.20 81.10 279.05 192.05 74.40 90.60 146.45 200.00
S1
51.00 44.22 74.42 94.13 134.00 206.60 233.67 489.30 262.80 77.67 44.87 417.40 612.57 40.93 38.37 364.33 42.98 171.85 79.73 270.40 180.23 68.30 89.25 141.40 193.55
S2
45.80 40.58 66.78 90.87 126.55 196.10 220.83 457.35 256.15 76.78 41.83 407.00 585.93 39.92 35.03 354.17 39.17 168.50 78.37 261.75 168.42 62.20 87.90 136.35 187.10
R1
59.65 50.37 87.67 99.48 146.70 223.05 254.07 539.10 273.25 79.87 49.82 434.10 666.87 42.73 45.02 390.33 49.73 178.70 82.98 283.85 198.83 78.20 92.80 151.60 203.90
R2
63.10 52.88 93.28 101.57 151.95 229.00 261.63 556.95 277.05 81.18 51.73 440.40 694.53 43.52 48.33 406.17 52.67 182.20 84.87 288.65 205.62 82.00 95.00 156.75 207.80
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Due to the volatile nature of stock market there is no Guaranteed method to make profits with Stock Market. However you may enhance your profitability by following few or all of the below tips.

Best Trading Strategies for Day Trading in share market

• If you are new to stock market, invest only the amount that you can afford to lose.

• Select only few liquid stocks.

• If you are already holding the stock wait for the peak or bottom.

• Watch the Index Support / Resistance and general sentiments.

• Never challenge the market and do not be over enthusiastic.

• In a highly volatile market place stop loss orders after long or short trades

• When the market opens trade on a stock based on the previous day’s movements, Partially or fully cover the trade within half an hour.

• When the market is about to close trade on a stock based on the days movements.


• In a bull market raising stocks will raise further. Wait for correction and buy.

• In a bear market falling stocks will fall further. Wait for up move and sell.

• Stocks rise or fall prior to announcement of results. Have a knowledge on this date which will help in making decisions.

• Rising or Falling Stocks which shrink in volume indicate that the run is nearing final state. Watch for change in trend.

• If you think that you have made enough profit or loss stop trading.

• Watch the general sentiment of the current market and make a decision.

• Buy when the price is rising and not while falling. Keep the strict stop loss.

• Sell when the price is falling and not while rising. Keep the strict stop loss.

• Immediately after buying, place stop loss order with out delay.

• After the target is reached watch the movement of the stock and take a decision to Buy/sell.