DAILY TIPS FOR SHARE MARKET: OUTLOOK FOR THE DAY

Yesterday's closing below the 5000 mark indicated that the share market (Nifty) are slightly bearish and Nifty would test 4900-4930 mark in intraday. I still hold to the view that share market (Nifty) is neutral to -ve bias. I would not advice to short the market because it is in a long term uptrend, use low levels to enter the market. US markets ended up giving there gains. Dow and NASDAQ closed 94 pts and 36 pts respectively. Asian markets have also opened week. Tips for the day : Nifty would test 4910-4932 levels, buy at those levels keeping a strict stop loss of 4872. We can expect a bounce back in the market and test 5038 levels. For any queries regarding Shares and Share market you can post it in the comment box and it will be answered.